Enbridge Inc (NYSE:ENB) currently has a daily average trading volume of 5.51M but it saw 4346462 shares traded in last market. With a market cap of 73.44B USD, the company’s current market price of $34.55 came rising about 0.03 while comparing to the previous closing price of $34.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $40.30 and as low as $31.03.
Taking a look at 20-day trading activity of Enbridge Inc (ENB) gives us an average price of $35.58, while its current price level is -14.27% below from 52-week high level whereas it is 11.34% 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 $35.14 while that of 200 days or SMA-200 reads an average of $34.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.33% during that period while stretching the period over a month that decreases to 1.24%. 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 36.47 which implies that the stock is in neutral territory.
Over the week, ENB’s stock price is moving -3.06% down while it is -4.27% when we observe its performance for the past one month. Year-to-date it is -4.08% down and over the past year, the stock is showing a downside performance of -12.77%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.47 beaten by the consensus estimate of $0.5 for the same. For ENB, analysts are forecasting an EPS-growth rate of 1.00% for current year and estimate for EPS growth in next year is 5.30%. In next quarter, company is expected to be making quarterly sales of $7.76 billion as analysts are expecting the sales for current fiscal year at $33.58 billion and seeing the company making $35.13 billion in sales next year. Moreover, analysts are in estimates of $9.9 billion for current-quarter revenue.
Currently, Enbridge Inc’s total number of outstanding shares is 2.12B with 0.10% of that held by the insiders while 53.68% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.16% and return on equity (ROE) at 10.09%. It has a price to earnings ratio (P/E ratio) of 16.45 while having a 15.71 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 1.77 while price to sale or P/S ratio amounts to 2.31. Its return on asset (ROA) is 3.40% on average.
