Targa Resources Corp Shares Approach 52-Week High - Market Mover

The shares closed 1.6% below its 52-week high of $53.87, with trading volume lower than its 30 day average

Oct 12, 2021 by Kwhen Finance Editors

Targa Resources Corp Shares Approach 52-Week High - Market Mover
Targa Resources Corp (TRGP) shares closed today at 1.6% below its 52 week high of $53.87, giving the company a market cap of $12B. The stock is currently up 102.8% year-to-date, up 221.0% over the past 12 months, and up 47.2% over the past five years. This week, the Dow Jones Industrial Average rose 1.3%, and the S&P 500 rose 0.8%.

Trading Activity

  • Trading volume this week was 47.6% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.4.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Energy industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Targa Resources Corp0.6102.8221.0-1.8250.8
Dow Jones Industrial Average-0.715.123.7-2.135.2
S&P 500 Index-0.718.328.0-3.437.4
Energy2.954.391.51.1120.1

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 112.2%
  • The company's stock price performance over the past 12 months beats the peer average by 170.7%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Targa Resources CorpTRGP0102.8221.0-1.8250.8
Peer AvgN/A2.848.481.6-2.4108.0
Exxon Mobil Corp.XOM-19.656.490.1-4.1111.6
Chevron Corp.CVX57.830.150.7-3.170.6
Enbridge IncENB17.636.349.20.666.5
Enterprise Products Partners L P - UnitEPD13.527.550.8-6.057.2
Eni Spa - ADRE-43.542.182.20.2121.1
Murphy Oil Corp.MUR-5.9146.5248.4-4.2329.3

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