Enbridge Energy, L.P. s in-depth stock price analysis indicates that the stock price has dropped -19.58% 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 -22.94% . Looking at the past 52 week period, the stock price is up at 17.15% . 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. Enbridge Energy, L.P. (NYSE:EEP) has tumbled 3.24% during the past week and has dropped 28.81% 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 4.02%. Enbridge Energy, L.P. (NYSE:EEP) has underperformed the index by 30.08% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Enbridge Energy, L.P. (NYSE:EEP) : On Friday heightened volatility was witnessed in Enbridge Energy, L.P. (NYSE:EEP) which led to swings in the share price. The stock opened for trading at $18.45 and hit $18.55 on the upside , eventually ending the session at $18.24, with a gain of 0.16% or 0.03 points. The heightened volatility saw the trading volume jump to 1,509,813 shares. The 52-week high of the share price is $26.365 and the company has a market cap of $7,921 million. The 52-week low of the share price is at $14.27 .
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 .
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. 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)