Enterprise Products Partners L P (NYSE:EPD) shares, rose in value, with the stock price down by -0.54% to the previous day’s close as strong demand from buyers drove the stock to $31.26.
Actively observing the price movement in the recent trading, the stock is buoying the session at $31.43. The PE ratio was 11.74 over 12-month period. Referring to stock’s 52-week performance, its high was $34.63, and the low was $27.37. On the whole, EPD has fluctuated by 1.52% over the past month.
With the market capitalization of Enterprise Products Partners L P currently standing at about $67.80 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.12, with its dividend yield at 6.78%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EPD’s technical picture suggests that short-term indicators denote the stock is a 25% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 2.18, with the price of EPD currently trading nearly -0.07% and -1.03% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.88, while the 7-day volatility ratio is showing 0.79% which for the 30-day chart, stands at 1.22%. Furthermore, Enterprise Products Partners L P (EPD)’s beta value is 0.65, and its average true range (ATR) is 0.57.
A comparison of Enterprise Products Partners L P (EPD) with its peers suggests the former has fared considerably weaker in the market. EPD showed an intraday change of -0.54% in today’s session so far, and over the past year, it grew by 10.81%%.
Data on historical trading for Enterprise Products Partners L P (NYSE:EPD) indicates that the trading volumes over the past 3 months, they’ve averaged 5.26 million. According to company’s latest data on outstanding shares, there are 2.17 billion shares outstanding.
Nearly 33.59% of Enterprise Products Partners L P’s shares belong to company insiders and institutional investors own 24.70% of the company’s shares. The stock has fallen by -0.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EPD stock heading into the next quarter.
