The stock of Enerplus Corporation (ERF) has gone down by -9.60% for the week, with a -17.57% drop in the past month and a -10.16% drop in the past quarter. The volatility ratio for the week is 4.68%, and the volatility levels for the past 30 days are 3.34% for ERF. The simple moving average for the last 20 days is -10.37% for ERF stock, with a simple moving average of -8.34% for the last 200 days.
Is It Worth Investing in Enerplus Corporation (NYSE: ERF) Right Now?
The price-to-earnings ratio for Enerplus Corporation (NYSE: ERF) is above average at 3.80x, while the 36-month beta value is 2.20.
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The public float for ERF is 219.48M, and currently, short sellers hold a 1.48% ratio of that floaft. The average trading volume of ERF on March 15, 2023 was 1.06M shares.
ERF) stock’s latest price update
Enerplus Corporation (NYSE: ERF)’s stock price has decreased by -1.29 compared to its previous closing price of 14.69. Nevertheless, the company has seen a loss of -9.60% in its stock price over the last five trading days.
The stock of Enerplus Corporation (ERF) has gone down by -9.60% for the week, with a -17.57% drop in the past month and a -10.16% drop in the past quarter. The volatility ratio for the week is 4.68%, and the volatility levels for the past 30 days are 3.34% for ERF. The simple moving average for the last 20 days is -10.37% for ERF stock, with a simple moving average of -8.34% for the last 200 days.
ERF Trading at -13.48% from the 50-Day Moving Average
After a stumble in the market that brought ERF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.60% of loss for the given period.
Volatility was left at 3.34%, however, over the last 30 days, the volatility rate increased by 4.68%, as shares sank -17.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.71% lower at present.
During the last 5 trading sessions, ERF fell by -9.60%, which changed the moving average for the period of 200-days by +2.18% in comparison to the 20-day moving average, which settled at $16.03. In addition, Enerplus Corporation saw -17.85% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ERF
Equity return is now at value 110.00, with 44.80 for asset returns.
Conclusion
In a nutshell, Enerplus Corporation (ERF) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
