Deeper Dive: Understanding TC Energy Corporation (TRP) Through its Various Ratios

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The price of TC Energy Corporation (NYSE: TRP) closed at $41.49 in the last session, up 0.22% from day before closing price of $41.40. In other words, the price has increased by $0.22 from its previous closing price. On the day, 3.22 million shares were traded. TRP stock price reached its highest trading level at $42.035 during the session, while it also had its lowest trading level at $41.29.

Ratios:

We take a closer look at TRP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 2.03.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRP now has a Market Capitalization of 43102306304 and an Enterprise Value of 113716002816. As of this moment, TC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.44, and their Forward P/E ratio for the next fiscal year is 13.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.78 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 6.998 whereas that against EBITDA is 11.756.

Stock Price History:

Over the past 52 weeks, TRP has reached a high of $41.88, while it has fallen to a 52-week low of $32.51. The 50-Day Moving Average of the stock is 6.66%, while the 200-Day Moving Average is calculated to be 8.80%.

Shares Statistics:

According to the various share statistics, TRP traded on average about 3.06M shares per day over the past 3-months and 2736180 shares per day over the past 10 days. A total of 1.04B shares are outstanding, with a floating share count of 1.04B. Insiders hold about 0.09% of the company’s shares, while institutions hold 83.61% stake in the company. Shares short for TRP as of 1721001600 were 50118761 with a Short Ratio of 25.45, compared to 1718323200 on 30939842.

Dividends & Splits

The forward annual dividend rate for TRP is 2.80, which was 3.75 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0905797The stock’s 5-year Average Dividend Yield is 5.85.

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