TC Energy Corporation (NYSE: TRP) kicked off on Monday, down -3.93% from the previous trading day, before settling in for the closing price of $47.55. Over the past 52 weeks, TRP has traded in a range of $31.84-$50.37.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Energy Sector giant was 3.30%. While this was happening, its average annual earnings per share was recorded -3.61%. With a float of $1.04 billion, this company’s outstanding shares have now reached $1.04 billion.
Let’s determine the extent of company efficiency that accounts for 7415 employees. In terms of profitability, gross margin is 45.71%, operating margin of 45.87%, and the pretax margin is 42.43%.
TC Energy Corporation (TRP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of TC Energy Corporation is 0.13%, while institutional ownership is 76.81%.
TC Energy Corporation (TRP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -3.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.83% during the next five years compared to -7.63% drop over the previous five years of trading.
TC Energy Corporation (NYSE: TRP) Trading Performance Indicators
Take a look at TC Energy Corporation’s (TRP) current performance indicators. Last quarter, stock had a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.09. Likewise, its price to free cash flow for the trailing twelve months is 49.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.60, a number that is poised to hit 0.68 in the next quarter and is forecasted to reach 2.69 in one year’s time.
Technical Analysis of TC Energy Corporation (TRP)
Looking closely at TC Energy Corporation (NYSE: TRP), its last 5-days average volume was 1.98 million, which is a drop from its year-to-date volume of 2.21 million. As of the previous 9 days, the stock’s Stochastic %D was 37.73%. Additionally, its Average True Range was 0.98.
During the past 100 days, TC Energy Corporation’s (TRP) raw stochastic average was set at 51.22%, which indicates a significant increase from 3.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.58% in the past 14 days, which was higher than the 20.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.52, while its 200-day Moving Average is $41.17. However, in the short run, TC Energy Corporation’s stock first resistance to watch stands at $46.81. Second resistance stands at $47.95. The third major resistance level sits at $48.56. If the price goes on to break the first support level at $45.06, it is likely to go to the next support level at $44.45. Should the price break the second support level, the third support level stands at $43.31.
TC Energy Corporation (NYSE: TRP) Key Stats
The company with the Market Capitalisation of 47.41 billion has total of 1,039,095K Shares Outstanding. Its annual sales at the moment are 11,804 M in contrast with the sum of 2,165 M annual income. Company’s last quarter sales were recorded 2,993 M and last quarter income was 1,087 M.
