TC Energy Corporation (NYSE: TRP) has a price-to-earnings ratio that is above its average at 13.14x. The stock has a 36-month beta value of 0.85. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 6 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for TRP is 1.04B, and at present, short sellers hold a 1.41% of that float. On December 10, 2024, the average trading volume of TRP was 2.61M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
TRP) stock’s latest price update
TC Energy Corporation (NYSE: TRP) has experienced a decline in its stock price by -1.82 compared to its previous closing price of 48.25. However, the company has seen a fall of -2.49% in its stock price over the last five trading days. zacks.com reported 2024-12-03 that TRP’s exit from Project Tundra, a $2 billion project aimed at capturing CO2 emissions from a North Dakota coal plant, raises concerns about the future.
TRP’s Market Performance
TRP’s stock has fallen by -2.49% in the past week, with a monthly drop of -4.65% and a quarterly rise of 13.54%. The volatility ratio for the week is 1.72% while the volatility levels for the last 30 days are 1.88% for TC Energy Corporation The simple moving average for the past 20 days is -3.25% for TRP’s stock, with a 19.68% simple moving average for the past 200 days.
TRP Trading at -0.13% from the 50-Day Moving Average
After a stumble in the market that brought TRP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.96% of loss for the given period.
Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares sank -2.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.23% upper at present.
During the last 5 trading sessions, TRP fell by -2.49%, which changed the moving average for the period of 200-days by +30.82% in comparison to the 20-day moving average, which settled at $48.96. In addition, TC Energy Corporation saw 33.00% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TRP
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.45 for the gross margin
The net margin for TC Energy Corporation stands at 0.32. The total capital return value is set at 0.04. Equity return is now at value 16.07, with 3.99 for asset returns.
Based on TC Energy Corporation (TRP), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 2.38. The interest coverage ratio of the stock is 1.7.
Currently, EBITDA for the company is 9.37 billion with net debt to EBITDA at 5.32. When we switch over and look at the enterprise to sales, we see a ratio of 8.63. The receivables turnover for the company is 4.54for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
To sum up, TC Energy Corporation (TRP) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
