Pembina Pipeline Corporation (NYSE:PBA) shares, rose in value, with the stock price up by 0.31% to the previous day’s close as strong demand from buyers drove the stock to $35.82.
Actively observing the price movement in the last trading, the stock closed the session at $35.71. The PE ratio was 16.18 over 12-month period. Referring to stock’s 52-week performance, its high was $36.17, and the low was $28.15. On the whole, PBA has fluctuated by 2.08% over the past month.
The company’s Forward Dividend Ratio is 1.99, with its dividend yield at 5.55%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.29B, with a low estimate of 1.87B and a high estimate of 1.87B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.87B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PBA’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 0, with the price of PBA currently trading nearly 1.85% and 2.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.86, while the 7-day volatility ratio is showing 1.47% which for the 30-day chart, stands at 1.43%. Furthermore, Pembina Pipeline Corporation (PBA)’s beta value is 1.19, and its average true range (ATR) is 0.51.
A comparison of Pembina Pipeline Corporation (PBA) with its peers suggests the former has fared considerably weaker in the market. PBA showed an intraday change of 0.31% in last session, and over the past year, it grew by 10.69%%.
Data on historical trading for Pembina Pipeline Corporation (NYSE:PBA) indicates that the trading volumes over the past 3 months, they’ve averaged 1.06 million. According to company’s latest data on outstanding shares, there are 549.00 million shares outstanding.
Nearly 0.09% of Pembina Pipeline Corporation’s shares belong to company insiders and institutional investors own 64.48% of the company’s shares. The stock has risen by 4.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PBA stock heading into the next quarter.
