The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Enbridge Inc’s current trading price is -6.62% away from its 52-week high, while its distance from the 52-week low is 30.12%. The stock’s price range for this period has been between $32.85 and $45.78 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 8.37 million for the day, a number notably higher than the average daily volume of 4.09 million over the last three months.
Enbridge Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $45.78 on 01/21/25 and a low of $32.85 for the same time frame on 04/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Enbridge Inc (ENB) has experienced a quarterly rise of 0.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 93.11B and boasts a workforce of 11500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 42.50, with a change in price of +1.87. Similarly, Enbridge Inc recorded 3,825,131 in trading volume during the last 100 days, posting a change of +4.57%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ENB stands at 1.45. Similarly, the long-term debt-to-equity ratio is also 1.33.
ENB Stock Stochastic Average
Enbridge Inc’s raw stochastic average for the past 50 days is presently 44.20%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 42.72%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 46.75% and 62.36%, respectively.
ENB Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 0.75%. However, over the past six months, we’ve seen a weaker performance of 10.84%. The price of ENB leaped by -2.91% over the last 30 days. And in the last five days, it has fallen by -4.60%.
