Enerplus Corporation (NYSE:ERF) currently has a daily average trading volume of 3.32M but it saw 2425462 shares traded in last market. With a market cap of 4.20B USD, the company’s current market price of $20.66 came rising about 0.15 while comparing to the previous closing price of $20.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.72 and as low as $13.46.
Taking a look at 20-day trading activity of Enerplus Corporation (ERF) gives us an average price of $19.48, while its current price level is -0.29% below from 52-week high level whereas it is 53.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.70 while that of 200 days or SMA-200 reads an average of $16.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.72% during that period while stretching the period over a month that decreases to 1.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 83.94 which implies that the stock is in overbought territory.
Over the week, ERF’s stock price is moving 3.15% up while it is 14.84% when we observe its performance for the past one month. Year-to-date it is 34.68% up and over the past year, the stock is showing an upside performance of 34.86%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.55 beat the consensus estimate of $0.49 for the same. For ERF, analysts are forecasting an EPS-growth rate of 17.20% for current year and estimate for EPS growth in next year is 8.60%.
Currently, Enerplus Corporation’s total number of outstanding shares is 202.20M with 0.29% of that held by the insiders while 62.91% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 33.86% and return on equity (ROE) at 39.59%. It has a price to earnings ratio (P/E ratio) of 9.86 while having a 9.70 of forward P/E ratio. Stock’s beta reads 1.97. Stock has a price to book (P/B) ratio of 3.40 while price to sale or P/S ratio amounts to 2.53. Its return on asset (ROA) is 22.77% on average.
