DCP Midstream LP (DCP) is priced at $14.42 after the most recent trading session. At the very opening of the session, the stock price was $12.00 and reached a high price of $13.00, prior to closing the session it reached the value of $12.49. The stock touched a low price of $11.91.
Recently in News on August 5, 2020, DCP Midstream Reports Strong Second Quarter and First Half Results, and Reissues Original 2020 Financial Guidance. Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three and six months ended June 30, 2020. You can read further details here
DCP Midstream LP had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $26.26 on 01/07/20, with the lowest value was $2.20 for the same time period, recorded on 03/18/20.
DCP Midstream LP (DCP) full year performance was -52.81%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, DCP Midstream LP shares are logging -49.19% during the 52-week period from high price, and 555.42% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.20 and $28.38.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1156982 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the DCP Midstream LP (DCP) recorded performance in the market was -49.00%, having the revenues showcasing 53.06% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.73B.
Specialists analysis on DCP Midstream LP (DCP)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.42, with a change in the price was noted +8.80. In a similar fashion, DCP Midstream LP posted a movement of +160.79% for the period of last 100 days, recording 2,257,186 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DCP is recording 1.16 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.15.
Trends and Technical analysis: DCP Midstream LP (DCP)
Raw Stochastic average of DCP Midstream LP in the period of last 50 days is set at 70.96%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.05%. In the last 20 days, the company’s Stochastic %K was 73.52% and its Stochastic %D was recorded 62.05%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -49.00%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -44.17%, alongside a downfall of -52.81% for the period of the last 12 months. The shares increased approximately by -1.26% in the 7-day charts and went down by 16.40% in the period of the last 30 days. Common stock shares were driven by 53.06% during last recorded quarter.