EnLink Midstream Partners LP (ENLK): $1.67 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.79. The value of trades done on upticks was $3.78 million, whereas, trades done on downticks were valued at $2.11 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.68 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.07 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.51 was strongly in favor of the bulls. The money flow in block trades was $1.61 million. EnLink Midstream Partners LP (ENLK) fell $0.13 traded at $17.8, a change of -0.7% over the previous day. The stock is -0.2% for the week.
EnLink Midstream Partners LP (ENLK) : Currently there are 9 street experts covering EnLink Midstream Partners LP (ENLK) stock. The most bullish and bearish price target for the stock is $20 and $14 respectively for the short term. The average price target of all the analysts comes to $17.22. The estimated standard deviation from the target is $1.99.
EnLink Midstream Partners LP (NYSE:ENLK): On Fridays trading session , Opening price of the stock was $17.9 with an intraday high of $18.09. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $17.7. However, the stock managed to close at $17.82, a loss of 0.56% for the day. On the previous day, the stock had closed at $17.92. The total traded volume of the day was 552,194 shares.
In a related news,The officer (Senior Vice President) of Enlink Midstream Partners, Lp, Golemon Stan sold 19,793 shares at $23.4 on June 8, 2015. The Insider selling transaction had a total value worth of $463,156. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
EnLink Midstream Partners, LP, formerly Crosstex Energy, L.P., focuses on providing midstream energy services, including gathering, transmission, processing, fractionation and marketing, to producers of natural gas, natural gas liquids (NGL), crude oil and condensate. The Company also provides crude oil, condensate and brine disposal services to producers. The Company owns and operates around 360 miles of gas gathering pipelines, approximately 300 Million Cubic Feet per Day (MMcf/d) of processing capacity, as well as crude trucking and logistics services extending through seven counties in the core of the Midland Basin. EnLink Midstream operates approximately 9,100 miles of gathering and transportation pipelines, 16 processing plants, seven fractionators, as well as barge and rail terminals, product storage facilities, brine disposal wells, truck terminals and a fleet of approximately 100 trucks.