Enbridge Inc (NYSE: ENB) Now $31.03 Higher From Its Low (9.75), Does It Still Have A Growth Story?

Enbridge Inc (NYSE:ENB) currently has a daily average trading volume of 4.11M but it saw 3079447 shares traded in last market. With a market cap of 88.80B USD, the company’s current market price of $40.78 came falling about -0.75 while comparing to the previous closing price of $41.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $41.22 and as low as $31.03. In the recent trading on the day, stock has struck highest price mark of $40.545 while lowest mark touched by it was $41.12.

Taking a look at 20-day trading activity of Enbridge Inc (ENB) gives us an average price of $40.54, while its current price level is -1.08% below from 52-week high level whereas it is 31.42% 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 $39.10 while that of 200 days or SMA-200 reads an average of $36.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.00% 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 59.84 which implies that the stock is in neutral territory.

Over the week, ENB’s stock price is moving 0.97% up while it is 2.80% when we observe its performance for the past one month. Year-to-date it is 13.21% up and over the past year, the stock is showing an upside performance of 21.04%.

Currently, Enbridge Inc’s total number of outstanding shares is 2.18B. Company’s return on investment (ROI) stands at 3.65% and return on equity (ROE) at 9.14%. It has a price to earnings ratio (P/E ratio) of 21.29 while having a 18.26 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 2.01 while price to sale or P/S ratio amounts to 2.77. Its return on asset (ROA) is 3.12% on average.