Stock price performance of Enbridge Energy, L.P. is analyzed for various periods using several stock trading signals. The stock price have dropped -17.07% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -24.15% . Looking at the past 52 week period, the stock price is up at 8.33% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Enbridge Energy, L.P. has a positive value of 39.08 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 16.52% and the 50-Day Moving Average is 13.01%.The 200 Day SMA reached 7.03%
Based on the Stock Research Enbridge Energy Partners, L.P. Relative Strength Index signal is in over sold territory with a range of 24.09. Enbridge Energy, L.P. (NYSE:EEP) has tumbled 11.63% during the past week and has dropped 27.5% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 11.73%. Enbridge Energy, L.P. (NYSE:EEP) has underperformed the index by 28.15% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
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, L.P. (NYSE:EEP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.467 points or 2.42% at $18.85 with 2,344,094 shares getting traded. Post opening the session at $19.47, the shares hit an intraday low of $18.8 and an intraday high of $19.54 and the price was in this range throughout the day. The company has a market cap of $8,186 million and the number of outstanding shares has been calculated to be 434,245,880 shares. The 52-week high of Enbridge Energy, L.P. (NYSE:EEP) is $26.365 and the 52-week low is $14.27.
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)