The trading price of Energy Transfer LP (NYSE:ET) closed lower on Friday, July 12, closing at $16.25, -0.37% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 14.95. In examining the 52-week price action we see that the stock hit a 52-week high of $16.48 and a 52-week low of $12.46. Over the past month, the stock has gained 4.37% in value.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Energy Transfer LP, whose market valuation is $54.78 billion at the time of this writing. The dividend yield on the company stock is 7.72%, while its Forward Dividend ratio is 1.25. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest ET has a 100% 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 1.06, which symbolizes a positive outlook. A quick review shows that ET’s price is currently 2.10% off the SMA20 and 2.81% off the SMA50. The RSI metric on the 14-day chart is currently showing 60.07, and weekly volatility stands at 1.07%. When measured over the past 30 days, the indicator reaches 1.32%. Energy Transfer LP (NYSE:ET)’s beta value is currently sitting at 1.65, while the Average True Range indicator is currently displaying 0.21.
To see how Energy Transfer LP stock has been performing in comparison to its peers in the industry, here are the numbers: ET stock’s performance was -0.37% in the latest trading, and 25.10% in the past year. Energy Transfer LP has a P/E ratio of 14.95.
An evaluation of the daily trading volume of Energy Transfer LP (NYSE:ET) indicates that the 3-month average is 11.28 million.
Currently, records show that 3.37 billion of the company’s shares remain outstanding. The insiders hold 14.54% of outstanding shares, whereas institutions hold 29.36%. However, since the stock’s price has seen 17.75% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
