Spotting A Winner: Enbridge Inc (NYSE: ENB) Advances 0.48 And It Still Have Room To Run

Enbridge Inc (NYSE:ENB) currently has a daily average trading volume of 4.93M but it saw 5513386 shares traded in last market. With a market cap of 80.23B USD, the company’s current market price of $37.60 came rising about 0.48 while comparing to the previous closing price of $37.42. 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 $36.33, while its current price level is -2.01% below from 52-week high level whereas it is 21.17% 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 $35.93 while that of 200 days or SMA-200 reads an average of $35.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.11% during that period while stretching the period over a month that increases to 1.12%. 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 70.99 which implies that the stock is in overbought territory.

Over the week, ENB’s stock price is moving 3.50% up while it is 5.00% when we observe its performance for the past one month. Year-to-date it is 4.39% up and over the past year, the stock is showing an upside performance of 3.41%.

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 19.15 while having a 16.49 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 1.88 while price to sale or P/S ratio amounts to 2.55. Its return on asset (ROA) is 3.21% on average.