Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, TC Energy Corporation (NYSE: TRP) closed at $48.89 up 0.66% from its previous closing price of $48.57. In other words, the price has increased by $0.66 from its previous closing price. On the day, 1.47 million shares were traded. TRP stock price reached its highest trading level at $49.005 during the session, while it also had its lowest trading level at $48.37.
Ratios:
For a deeper understanding of TC Energy Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 2.09.
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 51030892544 and an Enterprise Value of 121716998144. As of this moment, TC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.12, and their Forward P/E ratio for the next fiscal year is 17.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.56 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 8.766 whereas that against EBITDA is 14.137.
Stock Price History:
The Beta on a monthly basis for TRP is 0.79, which has changed by 0.24974442 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, TRP has reached a high of $51.34, while it has fallen to a 52-week low of $33.78. The 50-Day Moving Average of the stock is 1.38%, while the 200-Day Moving Average is calculated to be 6.53%.
Shares Statistics:
For the past three months, TRP has traded an average of 2.52M shares per day and 1753320 over the past ten days. A total of 1.04B shares are outstanding, with a floating share count of 1.04B. Insiders hold about 0.12% of the company’s shares, while institutions hold 72.34% stake in the company. Shares short for TRP as of 1745971200 were 10466920 with a Short Ratio of 4.15, compared to 1743379200 on 72623486.
Dividends & Splits
According to the company, the forward annual dividend rate for TRP is 2.58, from 3.593 in the trailing year. Against a Trailing Annual Dividend Yield of 0.073975705The stock’s 5-year Average Dividend Yield is 6.08. The current Payout Ratio is 83.66% for TRP, which recently paid a dividend on 2024-09-27 with an ex-dividend date of 1751241600. Stock splits for the company last occurred on 1984-02-13 when the company split stock in a 2:1 ratio.
