Kinder Morgan Inc (NYSE:KMI) shares, rose in value on Friday, January 03, with the stock price up by 0.87% to the previous day’s close as strong demand from buyers drove the stock to $28.35.
Actively observing the price movement in the recent trading, the stock is buoying the session at $28.11, falling within a range of $28.135 and $28.405. The value of beta (5-year monthly) is 0.907 whereas the PE ratio is 24.92 over 12-month period. Referring to stock’s 52-week performance, its high was $28.81, and the low was $16.47. On the whole, KMI has fluctuated by 3.41% over the past month.
With the market capitalization of Kinder Morgan Inc currently standing at about $62.99 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.15, with its dividend yield at 4.04%.
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 3.90, with the price of KMI currently trading nearly 4.52% and 5.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.43, while the 7-day volatility ratio is showing 1.63% which for the 30-day chart, stands at 1.96%. Furthermore, Kinder Morgan Inc (KMI)’s beta value is 0.93, and its average true range (ATR) is 0.53.
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 0.87% in today’s session so far, and over the past year, it grew by 57.09%%.
Data on historical trading for Kinder Morgan Inc (NYSE:KMI) indicates that the trading volumes over the past 10 days have averaged 12.17 and over the past 3 months, they’ve averaged 13.59 million. According to company’s latest data on outstanding shares, there are 2.22 billion shares outstanding.
Nearly 12.77% of Kinder Morgan Inc’s shares belong to company insiders and institutional investors own 66.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 44.9 million shares as on 2024-12-13, resulting in a short ratio of 3.59. According to the data, the short interest in Kinder Morgan Inc (KMI) stood at 232.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 40.29 million. The stock has risen by 3.49% 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.
