Kinder Morgan Inc (NYSE:KMI) shares, rose in value, with the stock price up by 0.27% to the previous day’s close as strong demand from buyers drove the stock to $18.81.
Actively observing the price movement in the last trading, the stock closed the session at $18.76. The PE ratio was 17.14 over 12-month period. Referring to stock’s 52-week performance, its high was $18.92, and the low was $15.89. On the whole, KMI has fluctuated by 4.67% over the past month.
The company’s Forward Dividend Ratio is 1.13, with its dividend yield at 6.01%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KMI’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.23, with the price of KMI currently trading nearly 2.70% and 5.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.04, while the 7-day volatility ratio is showing 2.09% which for the 30-day chart, stands at 1.66%. Furthermore, Kinder Morgan Inc (KMI)’s beta value is 0.87, and its average true range (ATR) is 0.33.
A comparison of Kinder Morgan Inc (KMI) with its peers suggests the former has fared considerably weaker in the market. KMI showed an intraday change of 0.27% in last session, and over the past year, it grew by 6.75%%.
Data on historical trading for Kinder Morgan Inc (NYSE:KMI) indicates that the trading volumes over the past 3 months, they’ve averaged 14.13 million. According to company’s latest data on outstanding shares, there are 2.22 billion shares outstanding.
Nearly 12.82% of Kinder Morgan Inc’s shares belong to company insiders and institutional investors own 63.79% of the company’s shares. The stock has risen by 6.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KMI stock heading into the next quarter.
