KMI’s Stochastic Averages Dip: Analyzing Kinder Morgan Inc’s Stock Performance

The current stock price for Kinder Morgan Inc (KMI) is $16.75. The stock experienced a significant increase during the last trading session, reaching $17.07 after opening at $16.85. It dipped to a low of $16.83 before ultimately closing at $16.92.

The market performance of Kinder Morgan Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $19.35 on 12/01/22, with the lowest value for the same timeframe being $15.89, recorded on 10/04/23.

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52-week price history of KMI Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Kinder Morgan Inc’s current trading price is -13.48% away from its 52-week high, while its distance from the 52-week low is 5.38%. The stock’s price range during this period has fluctuated between $15.89 and $19.35. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 5.08 million for the day, which was evidently lower than the average daily volume of 13.41 million over the last three months.

Financial Performance and Market Capitalization

Kinder Morgan Inc (KMI) has experienced a quarterly decline of -3.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.22B and boasts a workforce of 10525 employees.

Analysts’ Ratings For Kinder Morgan Inc

As of right now, 5 analysts are rating Kinder Morgan Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 15 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.04, with a change in price of -0.04. Similarly, Kinder Morgan Inc recorded 13,057,153 in trading volume during the last 100 days, posting a change of -0.24%.

KMI Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for KMI stands at 1.02. Similarly, the long-term debt-to-equity ratio is also 0.92.

KMI Stock Stochastic Average

The raw stochastic average for Kinder Morgan Inc over the last 50 days is presently at 56.18%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 71.43%. Further, the company’s Stochastic %K and %D values for the last 20 days were 67.83% and 56.67%, respectively.

KMI Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -7.38% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 1.36%. Over the past 30 days, the price of KMI has leaped by -2.30%. And in the last five days, it has surged by 3.30%.

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