Enbridge Inc (NYSE: ENB): To Buy Or Not To Buy, That Is The Question

Enbridge Inc (ENB) concluded trading on Wednesday at a closing price of $40.50, with 4.4 million shares of worth about $178.15 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.55% during that period and on December 18, 2024 the price saw a loss of about -2.17%. Currently the company’s common shares owned by public are about 2.18B shares, out of which, 2.18B shares are available for trading.

Stock saw a price change of -4.35% in past 5 days and over the past one month there was a price change of -4.84%. Year-to-date (YTD), ENB shares are showing a performance of 12.44% which increased to 14.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.85 but also hit the highest price of $44.13 during that period. The average intraday trading volume for Enbridge Inc shares is 3.75 million. The stock is currently trading -5.09% below its 20-day simple moving average (SMA20), while that difference is down -3.56% for SMA50 and it goes to 5.62% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Enbridge Inc (NYSE: ENB) currently have 2.18B outstanding shares and institutions hold larger chunk of about 51.82% of that.

The stock has a current market capitalization of $88.21B and its 3Y-monthly beta is at 0.90. PE ratio of stock for trailing 12 months is 18.78, while it has posted earnings per share of $2.16 in the same period. Its PEG reads 15.65 and has Quick Ratio of 0.54 while making debt-to-equity ratio of 1.45. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENB, volatility over the week remained 1.24% while standing at 1.43% over the month.

Stock’s fiscal year EPS is expected to drop by -3.38% while it is estimated to increase by 7.90% in next year. EPS is likely to shrink at an annualized rate of 1.20% for next 5-years, compared to annual growth of 13.31% made by the stock over the past 5-years.

Stock get a Hold rating from Stifel on January 18, 2024.

Most Popular

Related Posts