If You Don’t Buy Enterprise Products Partners L P (NYSE: EPD) Now, You’ll Kick Yourself Later

The trading price of Enterprise Products Partners L P (NYSE:EPD) floating lower at last check on Wednesday, June 26, closing at $28.85, -0.91% lower than its previous close.

The company’s P/E ratio in the trailing 12-month period was 11.31. In examining the 52-week price action we see that the stock hit a 52-week high of $29.99 and a 52-week low of $25.61. Over the past month, the stock has gained 2.29% in value.

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Enterprise Products Partners L P, whose market valuation is $62.66 billion at the time of this writing. The dividend yield on the company stock is 7.04%, while its Forward Dividend ratio is 2.03. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest EPD has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.39, which symbolizes a positive outlook. A quick review shows that EPD’s price is currently 1.54% off the SMA20 and 1.26% off the SMA50. The RSI metric on the 14-day chart is currently showing 58.32, and weekly volatility stands at 1.22%. When measured over the past 30 days, the indicator reaches 1.01%. Enterprise Products Partners L P (NYSE:EPD)’s beta value is currently sitting at 1.01, while the Average True Range indicator is currently displaying 0.31.

To see how Enterprise Products Partners L P stock has been performing today in comparison to its peers in the industry, here are the numbers: EPD stock’s performance was -0.91% at last check in today’s session, and 11.15% in the past year. Enterprise Products Partners L P has a P/E ratio of 11.31.

An evaluation of the daily trading volume of Enterprise Products Partners L P (NYSE:EPD) indicates that the 3-month average is 4.16 million.

Currently, records show that 2.17 billion of the company’s shares remain outstanding. The insiders hold 33.09% of outstanding shares, whereas institutions hold 24.83%. However, since the stock’s price has seen 9.51% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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