The market performance of Energy Transfer LP has been somewhat stable. Over the past year, the company’s stock achieved a high of $16.04 on 04/04/24, with the lowest value for the same timeframe being $12.18, recorded on 05/09/23.
52-week price history of ET Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Energy Transfer LP’s current trading price is -3.87% away from its 52-week high, while its distance from the 52-week low is 26.65%. The stock’s price range during this period has fluctuated between $12.18 and $16.04. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 13.05 million for the day, which was evidently higher than the average daily volume of 12.34 million over the last three months.
Financial Performance and Market Capitalization
Energy Transfer LP (ET) has experienced a quarterly rise of 10.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 51.93B and boasts a workforce of 13786 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.42, with a change in price of +2.24. Similarly, Energy Transfer LP recorded 13,115,480 in trading volume during the last 100 days, posting a change of +17.00%.
ET 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 ET stands at 1.45. Similarly, the long-term debt-to-equity ratio is also 1.42.
ET Stock Stochastic Average
Energy Transfer LP’s raw stochastic average for the past 50 days is currently at 72.44%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 37.37%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 59.25% and 68.09%, respectively.
ET Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 11.74%.However, over the last six months, we can see a weaker performance of 12.06%. Over the last 30 days, the price of ET has fallen by 2.12%. And in the last five days, it has fallen by -2.65%.
