Technical Outlook And Game Plan For Enbridge Inc (NYSE: ENB)

Enbridge Inc (ENB) concluded trading on Thursday at a closing price of $41.82, with 5.46 million shares of worth about $228.51 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.98% during that period and on April 10, 2025 the price saw a gain of about 0.12%. 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 -7.76% in past 5 days and over the past one month there was a price change of -1.69%. Year-to-date (YTD), ENB shares are showing a performance of -1.44% which increased to 18.40% 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 $46.12 during that period. The average intraday trading volume for Enbridge Inc shares is 4.24 million. The stock is currently trading -4.19% below its 20-day simple moving average (SMA20), while that difference is down -3.29% for SMA50 and it goes to 1.49% higher than SMA200.

Enbridge Inc (NYSE: ENB) currently have 2.18B outstanding shares and institutions hold larger chunk of about 51.02% of that.

The stock has a current market capitalization of $91.13B and its 3Y-monthly beta is at 0.79. PE ratio of stock for trailing 12 months is 24.34, while it has posted earnings per share of $1.72 in the same period. Its PEG reads 3.48 and has Quick Ratio of 0.49 while making debt-to-equity ratio of 1.56. 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 5.35% while standing at 2.49% over the month.

Stock’s fiscal year EPS is expected to rise by 7.19% while it is estimated to increase by 6.66% in next year. EPS is likely to grow at an annualized rate of 6.99% for next 5-years, compared to annual growth of -2.98% made by the stock over the past 5-years.

Stock get a Hold rating from Jefferies on September 30, 2024.

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