Enlink Midstream LLC (ENLC) concluded trading on Thursday at a closing price of $15.30, with 5.84 million shares of worth about $89.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.21% during that period and on January 16, 2025 the price saw a gain of about 1.66%. Currently the company’s common shares owned by public are about 458.62M shares, out of which, 252.92M shares are available for trading.
Stock saw a price change of 5.59% in past 5 days and over the past one month there was a price change of 4.51%. Year-to-date (YTD), ENLC shares are showing a performance of 8.13% which increased to 26.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.53 but also hit the highest price of $16.40 during that period. The average intraday trading volume for Enlink Midstream LLC shares is 2.56 million. The stock is currently trading 6.38% above its 20-day simple moving average (SMA20), while that difference is up 2.32% for SMA50 and it goes to 8.95% higher than SMA200.
Enlink Midstream LLC (NYSE: ENLC) currently have 458.62M outstanding shares and institutions hold larger chunk of about 47.76% of that.
The stock has a current market capitalization of $6.99B and its 3Y-monthly beta is at 2.36. PE ratio of stock for trailing 12 months is 66.41, while it has posted earnings per share of $0.23 in the same period. Its PEG reads 66.41 and has Quick Ratio of 0.36 while making debt-to-equity ratio of 5.15. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENLC, volatility over the week remained 2.59% while standing at 2.12% over the month.
Stock’s fiscal year EPS is expected to drop by -10.40% while it is estimated to increase by 86.01% in next year.
Coverage by Mizuho stated Enlink Midstream LLC (ENLC) stock as a Neutral in their note to investors on October 31, 2024, suggesting a price target of $15 for the stock. On September 30, 2024, UBS Downgrade their recommendations, while on September 16, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $16. Stock get an Equal weight rating from CapitalOne on September 03, 2024.
