Enbridge Inc (ENB) Down -5.32% From Its 52-Week High, But Growth Potential Is Changing Over Time

Enbridge Inc (NYSE:ENB) currently has a daily average trading volume of 5.20M but it saw 3052801 shares traded in last market. With a market cap of 77.52B USD, the company’s current market price of $36.33 came falling about -0.66 while comparing to the previous closing price of $36.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.37 and as low as $31.03.

Taking a look at 20-day trading activity of Enbridge Inc (ENB) gives us an average price of $35.94, while its current price level is -5.32% below from 52-week high level whereas it is 17.08% 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 $35.91 while that of 200 days or SMA-200 reads an average of $35.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.15% during that period while stretching the period over a month that increases to 1.19%. 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 56.09 which implies that the stock is in neutral territory.

Over the week, ENB’s stock price is moving 0.17% up while it is 3.80% when we observe its performance for the past one month. Year-to-date it is 0.86% up and over the past year, the stock is showing a downside performance of -3.04%.

Currently, Enbridge Inc’s total number of outstanding shares is 2.13B. Company’s return on investment (ROI) stands at 3.80% and return on equity (ROE) at 9.38%. It has a price to earnings ratio (P/E ratio) of 18.51 while having a 15.95 of forward P/E ratio. Stock’s beta reads 0.88. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 2.46. Its return on asset (ROA) is 3.21% on average.