Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Kinder Morgan Inc’s current trading price is -0.42% away from its 52-week high, while its distance from the 52-week low is 18.44%. The stock’s price range during this period has varied between $15.89 and $18.90. The company, active in the Energy sector, saw a trading volume of around 16.19 million for the day, considerably higher average daily volume of 14.11 million observed over the last three months.
Kinder Morgan Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $18.90 on 04/22/24, and the lowest price during the same period was recorded at $15.89 on 10/04/23.
How Financial Performance Impacts Market Capitalization
Kinder Morgan Inc (KMI) has experienced a quarterly rise of 9.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.77B and boasts a workforce of 10891 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.63, with a change in price of +1.51. Similarly, Kinder Morgan Inc recorded 14,263,330 in trading volume during the last 100 days, posting a change of +8.72%.
How KMI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for KMI stands at 1.06. Similarly, the long-term debt-to-equity ratio is also 0.99.
KMI Stock Stochastic Average
As of today, the raw stochastic average of Kinder Morgan Inc over the past 50 days is 95.92%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 92.37%. Additionally, the Stochastic %K and %D values for the company were 80.59% and 53.27%, respectively, over the past 20 days.
KMI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 6.69%.However, over the last six months, we can see a weaker performance of 10.64%. Over the last 30 days, the price of KMI has fallen by 3.92%. And in the last five days, it has surged by 4.73%.
