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KMI: Riding the Market Waves of Growth and Decline in 2023

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Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 2.89%. However, over the last six months, the performance has been weaker by 10.20%. The price of KMI increased 5.71% over the last 30 days. And in the last five days, it has surged by 0.67%.

The market performance of Kinder Morgan Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $18.31 on 03/21/24, with the lowest value for the same timeframe being $15.89, recorded on 10/04/23.

52-week price history of KMI Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Kinder Morgan Inc’s current trading price is -0.87% away from its 52-week high, while its distance from the 52-week low is 14.22%. The stock’s price range over this timeframe has been between $15.89 and $18.31. The shares of the Energy sector company recorded a trading volume of approximately 8.69 million for the day, which was comparatively lower than the average daily volume of 14.28 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Kinder Morgan Inc (KMI) has experienced a quarterly rise of 1.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.28B and boasts a workforce of 10891 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.38, with a change in price of +1.80. Similarly, Kinder Morgan Inc recorded 14,126,009 in trading volume during the last 100 days, posting a change of +11.01%.

KMI’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for KMI stands at 1.07. Similarly, the long-term debt-to-equity ratio is also 0.93.

KMI Stock Stochastic Average

Kinder Morgan Inc’s raw stochastic average for the past 50 days is currently at 91.30%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 85.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 76.14% and 76.71%, respectively.