A Few Bright Spots In Enbridge Inc (NYSE: ENB)

Enbridge Inc (NYSE:ENB) currently has a daily average trading volume of 3.54M but it saw 5538061 shares traded in last market. With a market cap of 95.66B USD, the company’s current market price of $43.92 came rising about 0.64 while comparing to the previous closing price of $43.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.02 and as low as $32.85. In the recent trading on the day, stock has struck highest price mark of $43.4907 while lowest mark touched by it was $44.135.

Taking a look at 20-day trading activity of Enbridge Inc (ENB) gives us an average price of $42.94, while its current price level is -0.23% below from 52-week high level whereas it is 33.68% 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 $41.79 while that of 200 days or SMA-200 reads an average of $38.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.47% during that period while stretching the period over a month that increases to 1.48%. 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 66.47 which implies that the stock is in neutral territory.

Over the week, ENB’s stock price is moving 2.38% up while it is 6.99% when we observe its performance for the past one month. Year-to-date it is 21.93% up and over the past year, the stock is showing an upside performance of 25.16%.

Currently, Enbridge Inc’s total number of outstanding shares is 2.18B. Company’s return on investment (ROI) stands at 4.07% and return on equity (ROE) at 10.11%. It has a price to earnings ratio (P/E ratio) of 20.36 while having a 20.33 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 2.19 while price to sale or P/S ratio amounts to 2.68. Its return on asset (ROA) is 3.44% on average.