Putting The Spotlight On Enbridge Inc (ENB)

Enbridge Inc (NYSE:ENB) currently has a daily average trading volume of 3.60M but it saw 5631631 shares traded in last market. With a market cap of 122.34B USD, the company’s current market price of $40.40 came falling about -0.47 while comparing to the previous closing price of $40.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.16 and as low as $31.68. In the recent trading on the day, stock has struck highest price mark of $40.305 while lowest mark touched by it was $40.69.

Taking a look at 20-day trading activity of Enbridge Inc (ENB) gives us an average price of $41.10, while its current price level is -4.17% below from 52-week high level whereas it is 27.53% 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 $40.69 while that of 200 days or SMA-200 reads an average of $37.11. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.18% during that period while stretching the period over a month that decreases to 1.15%. 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 41.37 which implies that the stock is in neutral territory.

Over the week, ENB’s stock price is moving -1.77% down while it is -1.61% when we observe its performance for the past one month. Year-to-date it is 12.16% up and over the past year, the stock is showing an upside performance of 26.09%.

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 21.09 while having a 18.53 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 1.99 while price to sale or P/S ratio amounts to 3.82. Its return on asset (ROA) is 3.12% on average.