Enterprise Products Partners L P (NYSE:EPD) price closed lower on Tuesday, April 16, dropping -0.63% below its previous close.
A look at the daily price movement shows that the last close reads $28.51. The company’s P/E ratio in the trailing 12-month period read 11.24. Taking into account the 52-week price action we note that the stock hit a 52-week high of $29.99 and 52-week low of $25.19. The stock subtracted -1.08% on its value in the past month.
Enterprise Products Partners L P, which has a market valuation of $61.43 billion. The company stock has a Forward Dividend ratio of 2.00, while the dividend yield is 7.08%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give EPD a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.34. The overview shows that EPD’s price is at present -2.92% off the SMA20 and 0.77% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 38.99, with weekly volatility standing at 1.39%. The indicator jumps to 1.15% when calculated based on the past 30 days. Enterprise Products Partners L P (NYSE:EPD)’s beta value is holding at 0.99, while the average true range (ATR) indicator is currently reading 0.36.
An analysis of the Enterprise Products Partners L P (NYSE:EPD) stock in terms of its daily trading volume indicates that the 3-month average is 4.95 million.
Current records show that the company has 2.17B in outstanding shares. The insiders’ percentage holdings are 34.08% of outstanding shares while the percentage share held by institutions stands at 24.94%. But the 7.51% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
