Enbridge Inc. (NYSE:ENB) went up by 1.44% from its latest closing price compared to the recent 1-year high of $43.15. The company’s stock price has collected 1.14% of gains in the last five trading sessions. Press Release reported 14 hours ago that Michigan Governor’s Attempt to Revoke Line 5 Easement is Unlawful and Ignores Science and Evidence
Is It Worth Investing in Enbridge Inc. (NYSE :ENB) Right Now?
Enbridge Inc. (NYSE:ENB) scored a price-to-earnings ratio above its average ratio, recording 44.25 x from its present earnings ratio. Plus, the 36-month beta value for ENB is at 0.86. Opinions of the stock are interesting as 19 analysts out of 25 who provided ratings for Enbridge Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $40.12, which is $7.94 above the current price. ENB currently public float of 2.02B and currently shorts hold a 0.63% ratio of that float. Today, the average trading volume of ENB was 4.63M shares.
ENB’s Market Performance
ENB stocks went up by 1.14% for the week, with a monthly drop of -1.49% and a quarterly performance of 13.61%, while its annual performance rate touched -16.27%. The volatility ratio for the week stands at 2.45% while the volatility levels for the past 30 days are set at 2.06% for Enbridge Inc.. The simple moving average for the period of the last 20 days is 2.95% for ENB stocks with a simple moving average of 9.12% for the last 200 days.
ENB Trading at 7.89% from the 50-Day Moving Average
After a stumble in the market that brought ENB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.85% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares sank -1.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.35% upper at present.
During the last 5 trading sessions, ENB rose by +1.14%, which changed the moving average for the period of 200-days by +21.56% in comparison to the 20-day moving average, which settled at $32.73. In addition, Enbridge Inc. saw 5.41% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ENB
Current profitability levels for the company are sitting at:
- +15.70 for the present operating margin
- +29.88 for the gross margin
The net margin for Enbridge Inc. stands at +11.48. The total capital return value is set at 5.71, while invested capital returns managed to touch 4.45. Equity return is now at value 3.30, with 1.20 for asset returns.
Based on Enbridge Inc. (ENB), the company’s capital structure generated 99.55 points at debt to equity in total, while total debt to capital is 49.89. Total debt to assets is 40.27, with long-term debt to equity ratio resting at 103.52. Finally, the long-term debt to capital ratio is 45.79.
When we switch over and look at the enterprise to sales, we see a ratio of 3.63, with the company’s debt to enterprise value settled at 0.36. The receivables turnover for the company is 8.19 and the total asset turnover is 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.