Shares of Enterprise Products Partners L.P. (NYSE:EPD) Sees Large Outflow of Money

Enterprise Products Partners L.P. (NYSE:EPD) jumped 0.61 points or 2.17% on strong buying and was last priced at $28.68 per share. The shares saw huge fund flow intraday; a massive $16.89 million made their way in through the upticks but an even bigger $19.91 million made their way out through downticks. As per the last observation, the net money flow stood at $(-3.03) million and the up/down ratio was found to be 0.85. The shares have seen a weekly value change of 3.46% .A block trade was recorded in the company shares with a net money flow of $(-1.27) million. The composite value of the funds in upticks was $2.49 million and the total value of funds in downticks was $3.76. As can be seen from the data, the block transaction had the up/down ratio of 0.66.


The stock has recorded a 20-day Moving Average of 2.36% and the 50-Day Moving Average is 6.71%. The company shares have dropped 9.33% in the past 52 Weeks. On July 14, 2015 The shares registered one year high of $31.17 and one year low was seen on January 20, 2016 at $19. The 50-day moving average is $27.25 and the 200 day moving average is recorded at $24.72. S&P 500 has rallied 1.93% during the last 52-weeks.

Enterprise Products Partners L.P. (NYSE:EPD): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.91 and $27.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.67, notching a gain of 2.14% for the day. The total traded volume was 3,881,278 . The stock had closed at $28.07 on the previous day.

Currently the company Insiders own 37.5% of Enterprise Products Partners L.P. shares according to the proxy statements. Institutional Investors own 34.4% of Enterprise Products Partners L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 21.15%. On the companys insider trading activities, Williams Randa Duncan, director 10% owner of Enterprise Products Partners L P, executed a transaction worth $240,000 on March 8, 2016. A total of 10,000 shares were purchased at an average price of $24. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19,300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5,400 miles of onshore crude oil pipelines, crude oil storage terminals; Offshore Pipelines & Services segment serves drilling and development regions, including deepwater production fields and Petrochemical & Refined Products Services segment includes propylene fractionation and related operations, including approximately 680 miles of pipelines. Its asset portfolio includes 24 natural gas processing plants and 22 NGL and propylene fractionators.

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