Energy Transfer LP experienced a rather steady stock market performance.
52-week price history of ET Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Energy Transfer LP’s current trading price is -18.19% away from its 52-week high, while its distance from the 52-week low is 20.19%. The stock’s price range during the 52-week period has remained between $14.60 and $21.45. In the Energy sector, the company’s shares saw a trading volume of around 6.84 million for the day, which was evidently lower than the average daily volume of 16.44 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Energy Transfer LP (ET) has experienced a quarterly decline of -7.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 60.22B and boasts a workforce of 16248 employees.
Making Sense of Trading Volume and Moving Average Data
Examining ET’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ET stands at 1.72. Similarly, the long-term debt-to-equity ratio is also 1.71.
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. The index has shown a price loss of -10.42% this year. Over the last six months, there has been a stronger performance of -8.61%. The price of ET fallen by 6.16% during the last 30 days period. For the last 5-days stocks have slided -1.69%.
