TransCanada Corporation (TRP) : During the past 4 weeks, traders have been relatively bearish on TransCanada Corporation (TRP), hence the stock is down -0.01% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.28% relative to the S&P 500. The 4-week change in the price of the stock is -0.22% and the stock has fallen -2.92% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.73% and the fifty day Moving Average is 0.48%. TransCanada Corporation is up 11.61% in the last three month period. Year-to-Date the stock performance stands at 44.96%.
TransCanada Corporation (TRP) : Average target price received by TransCanada Corporation (TRP) is $49.64 with an expected standard deviation of $7.43. The most aggressive target on the stock is $58, whereas the most downbeat target is $44. 3 financial analysts are currently covering the stock.
TransCanada Corporation (NYSE:TRP): On Fridays trading session , Opening price of the stock was $46.89 with an intraday high of $47.38. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.98. However, the stock managed to close at $46.25, a loss of 0.92% for the day. On the previous day, the stock had closed at $46.68. The total traded volume of the day was 778,669 shares.
TransCanada Corporation (TransCanada) is an energy infrastructure company. The Company operates through three segments: Natural Gas Pipelines, Liquids Pipelines and Energy. Natural Gas Pipelines and Liquids Pipelines consist of its respective natural gas and liquids pipelines in Canada, the United States and Mexico, as well as its regulated natural gas storage operations in the United States. Its natural gas pipeline network transports natural gas to local distribution companies, power generation facilities and other businesses across Canada, the United States and Mexico. Its existing liquids pipeline infrastructure connects Alberta and the United States crude oil supplies to the United States refining markets in Illinois, Oklahoma and Texas, as well as connecting the United States crude oil supplies from the Cushing, Oklahoma hub to refining markets in the United States Gulf Coast. Energy includes its power operations and the non-regulated natural gas storage business in Canada.