Kinder Morgan Inc (NYSE:KMI) shares, rose in value on Thursday, March 06, with the stock price down by -1.57% to the previous day’s close as strong demand from buyers drove the stock to $26.31.
Actively observing the price movement in the last trading, the stock closed the session at $26.73. The PE ratio was 22.49 over 12-month period. Referring to stock’s 52-week performance, its high was $31.48, and the low was $17.45. On the whole, KMI has fluctuated by -4.33% over the past month.
With the market capitalization of Kinder Morgan Inc currently standing at about $58.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.15, with its dividend yield at 4.37%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 16.49B, with a low estimate of 3.94B and a high estimate of 4.07B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4B.
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 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.42, with the price of KMI currently trading nearly -1.26% and -4.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.23, while the 7-day volatility ratio is showing 3.20% which for the 30-day chart, stands at 2.55%. Furthermore, Kinder Morgan Inc (KMI)’s beta value is 0.77, and its average true range (ATR) is 0.75.
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 -1.57% in last session, and over the past year, it grew by 49.74%%.
Data on historical trading for Kinder Morgan Inc (NYSE:KMI) indicates that the trading volumes over the past 3 months, they’ve averaged 14.68 million. According to company’s latest data on outstanding shares, there are 2.22 billion shares outstanding.
Nearly 12.75% of Kinder Morgan Inc’s shares belong to company insiders and institutional investors own 67.29% of the company’s shares. The stock has fallen by -3.98% 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.
