Enbridge Energy L.P. (EEP) Shares are Down -2.93%

Enbridge Energy L.P. (EEP) : During the past 4 weeks, traders have been relatively bearish on Enbridge Energy L.P. (EEP), hence the stock is down -2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.44% relative to the S&P 500. The 4-week change in the price of the stock is -3.98% and the stock has fallen -2.93% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.21% and the 50-Day Moving Average is 0.46%.The 200 Day SMA reached 18.91% Enbridge Energy Partners, L.P. is up 11.38% in the last 3-month period. Year-to-Date the stock performance stands at 12.88%.


Enbridge Energy L.P. (EEP) : The highest level Enbridge Energy L.P. (EEP) is projected to reach is $31 for the short term and the lowest estimate is at $20. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $26.33 and the possibility the share price can swing is $4.8.

For the current week, the company shares have a recommendation consensus of Buy. Enbridge Energy L.P. (NYSE:EEP): stock was range-bound between the intraday low of $23.61 and the intraday high of $23.99 after having opened at $23.62 on Fridays session. The stock finally closed in the red at $23.62, a loss of -0.33%. The stock remained in the red for the whole trading day. The total traded volume was 1,298,991 shares. The stock failed to cross $23.99 in Fridays trading. The stocks closing price on Thursday was $23.86.

Enbridge Energy Partners, L.P. (the Partnership) is a limited partnership that owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States of America. The Companys activities include Interstate pipeline transportation and storage of crude oil and liquid petroleum, and gathering, treating, processing and transportation of natural gas and natural gas liquids (NGLs), through pipelines and related facilities and supply, transportation and sales services, including purchasing and selling natural gas and NGLs. It operates in two segments: Liquids and Natural Gas. The Liquids segment includes the operations of its Lakehead, North Dakota and Mid-Continent crude oil systems. The natural gas business includes natural gas and NGL gathering and transportation pipeline systems, natural gas processing and treating facilities and NGL fractionation facilities.

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