Dawn Elizabeth De Lima Sells 50,685 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Senior Officer Dawn Elizabeth De Lima sold 50,685 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of C$63.27, for a total value of C$3,206,915.98.

TC Energy Trading Up 0.5 %

TC Energy stock traded up C$0.34 during midday trading on Thursday, reaching C$64.03. The stock had a trading volume of 3,478,746 shares, compared to its average volume of 4,255,808. The stock’s 50-day simple moving average is C$66.60 and its 200 day simple moving average is C$65.09. TC Energy Co. has a twelve month low of C$43.83 and a twelve month high of C$70.32. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31. The stock has a market capitalization of C$66.03 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Jefferies Financial Group boosted their target price on shares of TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. National Bankshares boosted their price objective on shares of TC Energy from C$70.00 to C$71.00 in a research report on Wednesday, November 20th. BMO Capital Markets upped their price objective on shares of TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. ATB Capital lifted their target price on shares of TC Energy from C$64.00 to C$65.00 in a research note on Friday, November 8th. Finally, Barclays boosted their price target on TC Energy from C$67.00 to C$74.00 in a report on Wednesday, November 20th. Six investment analysts have rated the stock with a hold rating, five have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, TC Energy presently has an average rating of “Moderate Buy” and an average price target of C$73.25.

TC Energy Company Profile

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.