Spectra Energy Partners LP (SEP) : During the past 4 weeks, traders have been relatively bearish on Spectra Energy Partners LP (SEP), hence the stock is down -6.19% 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 -2.13% relative to the S&P 500. The 4-week change in the price of the stock is -8.09% and the stock has fallen -1.61% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.35% and the 50-Day Moving Average is 7.64%.The 200 Day SMA reached 4.53% Spectra Energy Partners, LP has dropped 6.38% during the last 3-month period . Year-to-Date the stock performance stands at -6.52%.
Spectra Energy Partners LP (SEP) has been rated by 13 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $58 and the lowest price target forecast is $43. The average forecast of all the analysts is $53 and the expected standard deviation is $4.06.
For the current week, the company shares have a recommendation consensus of Buy. Spectra Energy Partners LP (NYSE:SEP): stock was range-bound between the intraday low of $42.59 and the intraday high of $43.36 after having opened at $42.9 on Fridays session. The stock finally closed in the red at $42.9, a loss of -0.93%. The stock remained in the red for the whole trading day. The total traded volume was 1,012,373 shares. The stock failed to cross $43.36 in Fridays trading. The stocks closing price on Thursday was $42.72.
Spectra Energy Partners, LP is engaged in the transmission, storage and gathering of natural gas, the transportation and storage of crude oil, and the transportation of natural gas liquids (NGLs. The Company owns and operates natural gas transmission, gathering and storage assets, and crude oil transportation and storage assets, in central, southern and eastern United States, as well as western Canada. The Company operates two segments: U.S. Transmission, and Liquids. The Companys U.S. Transmission business provides transmission, storage, and gathering of natural gas for customers in various regions of the northeastern and southeastern United States. The Companys Liquids business provides transportation and storage of crude oil and transportation of NGLs for customers in central and southern United States and Canada.