Shares of Enbridge Energy, L.P. (EEP) Sees Large Inflow of Net Money Flow

Enbridge Energy, L.P. (EEP) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $19.35 with a loss of -0.02 points or -0.1%. The net money flow was $19.95 million and the up/down ratio was 4.57. Approximately $25.53 million was the inflow in upticks and $5.58 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -9.28%.The shares witnessed a block transaction with a net money flow of $18.94 million. The total money in uptick was $19.3 million and in downtick was $0.36 million with the up/down ratio reaching 53.38.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Enbridge Energy Partners, L.P. has lost 22.71% in the last five trading days and dropped 22.14% in the last 4 weeks. Enbridge Energy Partners, L.P. has dropped 17.47% during the last 3-month period . Year-to-Date the stock performance stands at -22.14%. Enbridge Energy, L.P. (NYSE:EEP) rose 2.43% or 0.47 points on Wednesday and made its way into the gainers of the day. After trading began at $19.38 the stock was seen hitting $19.87 as a peak level and $18.83 as the lowest level. The stock ended up at $19.84. The daily volume was measured at 3,990,715 shares. The 52-week high of the share price is $26.365 and the 52-week low is $14.27. The company has a market cap of $8,615 million.

Company has reported several Insider transactions to the SEC, on Dec 17, 2015, Stephen J Neyland (Vice President – Finance) purchased 1,200 shares at 19.98 per share price.

Enbridge Energy Partners L.P. Last issued its quarterly earnings results on Jul 28, 2016. The company reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $0.12. The company had revenue of $1048.90 million for the quarter, compared to analysts expectations of $1067.17 million. The companys revenue was down -20.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.18 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Enbridge Energy Partners L.P. was Reiterated by FBR & Co. on Jan 31, 2017 to Outperform, Lowers Price Target to $ 22 from a previous price target of $29 .Enbridge Energy Partners L.P. was Downgraded by Mizuho on Jan 30, 2017 to Neutral, Lowers Price Target to $ 22 from a previous price target of $29 .

Enbridge Energy Partners, L.P. owns the U.S. portion of the worlds longest liquid petroleum pipeline. Enbridge Energy Company, Inc., an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alberta, holds an effective 14.5% interest in the Partnership. (Press Release)


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