Enerplus Corporation (ERF) Down -2.50% From Its 52-Week High, But Growth Potential Is Changing Over Time

Enerplus Corporation (NYSE:ERF) currently has a daily average trading volume of 3.46M but it saw 1541722 shares traded in last market. With a market cap of 4.15B USD, the company’s current market price of $20.44 came rising about 0.59 while comparing to the previous closing price of $20.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.97 and as low as $13.46.

Taking a look at 20-day trading activity of Enerplus Corporation (ERF) gives us an average price of $20.20, while its current price level is -2.50% below from 52-week high level whereas it is 51.86% 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 $18.80 while that of 200 days or SMA-200 reads an average of $16.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.98% during that period while stretching the period over a month that decreases to 1.86%. 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 67.64 which implies that the stock is in neutral territory.

Over the week, ERF’s stock price is moving 3.08% up while it is 6.85% when we observe its performance for the past one month. Year-to-date it is 33.25% up and over the past year, the stock is showing an upside performance of 40.48%.

Currently, Enerplus Corporation’s total number of outstanding shares is 202.20M. 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 9.75 while having a 9.80 of forward P/E ratio. Stock’s beta reads 1.96. Stock has a price to book (P/B) ratio of 3.37 while price to sale or P/S ratio amounts to 2.50. Its return on asset (ROA) is 22.77% on average.