Do Plains GP Holdings L.P. (PAGP) beta value of 2.26 signposts another twist?

At the end of the latest market close, Plains GP Holdings L.P. (PAGP) was valued at $6.89. In that particular session, Stock kicked-off at the price of $6.70 while reaching the peak value of $7.01 and lowest value recorded on the day was $6.63. The stock current value is $6.99.

Recently in News on November 2, 2020, Plains All American Pipeline and Plains GP Holdings Announce $500 Million Common Equity Repurchase Program. Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings, L.P. (NYSE: PAGP) today announced that the board of directors of PAA GP Holdings LLC has approved a $500 million common equity repurchase program (the “Program”) to be utilized as an additional method of returning capital to investors. You can read further details here


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Plains GP Holdings L.P. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $19.79 on 01/08/20, with the lowest value was $3.04 for the same time period, recorded on 03/18/20.

Plains GP Holdings L.P. (PAGP) full year performance was -64.65%

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, Plains GP Holdings L.P. shares are logging -65.08% during the 52-week period from high price, and 129.93% 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 $3.04 and $20.02.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1018823 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 Plains GP Holdings L.P. (PAGP) recorded performance in the market was -63.64%, having the revenues showcasing -16.48% 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 1.25B, as it employees total of 5000 workers.

Plains GP Holdings L.P. (PAGP) in the eye of market guru’s

During the last month, 11 analysts gave the Plains GP Holdings L.P. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.54, with a change in the price was noted -3.41. In a similar fashion, Plains GP Holdings L.P. posted a movement of -32.51% for the period of last 100 days, recording 3,040,256 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 PAGP is recording 6.91 at the time of this writing. In addition, long term Debt to Equity ratio is set at 6.41.

Plains GP Holdings L.P. (PAGP): Stocks Technical analysis and Trends

Raw Stochastic average of Plains GP Holdings L.P. in the period of last 50 days is set at 76.83%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.67%. In the last 20 days, the company’s Stochastic %K was 74.44% and its Stochastic %D was recorded 63.63%.

If we look into the earlier routines of Plains GP Holdings L.P., 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 -63.64%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -17.88%, alongside a downfall of -64.65% for the period of the last 12 months. The shares increased approximately by 10.77% in the 7-day charts and went down by 16.39% in the period of the last 30 days. Common stock shares were lifted by -16.48% during last recorded quarter.

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