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

Enbridge Inc (NYSE:ENB) currently has a daily average trading volume of 4.17M but it saw 3617471 shares traded in last market. With a market cap of 97.94B USD, the company’s current market price of $44.92 came rising about 0.11 while comparing to the previous closing price of $44.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.08 and as low as $34.60.

Taking a look at 20-day trading activity of Enbridge Inc (ENB) gives us an average price of $45.88, while its current price level is -4.59% below from 52-week high level whereas it is 29.83% 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 $44.41 while that of 200 days or SMA-200 reads an average of $42.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.42% during that period while stretching the period over a month that decreases to 1.86%. 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 47.34 which implies that the stock is in neutral territory.

Over the week, ENB’s stock price is moving -1.88% down while it is 1.45% when we observe its performance for the past one month. Year-to-date it is 5.87% up and over the past year, the stock is showing an upside performance of 18.74%.

Currently, Enbridge Inc’s total number of outstanding shares is 2.18B with 0.08% of that held by the insiders while 53.51% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.68% and return on equity (ROE) at 9.51%. It has a price to earnings ratio (P/E ratio) of 23.09 while having a 19.70 of forward P/E ratio. Stock’s beta reads 0.73. Stock has a price to book (P/B) ratio of 2.29 while price to sale or P/S ratio amounts to 2.23. Its return on asset (ROA) is 3.07% on average.