In the past week, ENB stock has gone down by -1.61%, with a monthly gain of 0.39% and a quarterly surge of 9.84%. The volatility ratio for the week is 1.03%, and the volatility levels for the last 30 days are 1.16% for Enbridge Inc The simple moving average for the past 20 days is -0.74% for ENB’s stock, with a 10.31% simple moving average for the past 200 days.
Is It Worth Investing in Enbridge Inc (NYSE: ENB) Right Now?
The price-to-earnings ratio for Enbridge Inc (NYSE: ENB) is 21.33x, which is above its average ratio. Moreover, the 36-month beta value for ENB is 0.89. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for ENB is 2.18B and currently, short sellers hold a 1.13% of that float. On October 29, 2024, ENB’s average trading volume was 3.66M shares.
ENB) stock’s latest price update
Enbridge Inc (NYSE: ENB)’s stock price has plunge by -0.17relation to previous closing price of 40.94. Nevertheless, the company has seen a -1.61% plunge in its stock price over the last five trading sessions. fool.com reported 2024-10-26 that Enbridge is a high-yielding midstream giant, but there’s an important twist in the company’s objective, and it’s reflected in its portfolio.
ENB Trading at 0.65% 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 -3.06% of loss for the given period.
Volatility was left at 1.16%, however, over the last 30 days, the volatility rate increased by 1.03%, as shares surge +0.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.61% upper at present.
During the last 5 trading sessions, ENB fell by -1.61%, which changed the moving average for the period of 200-days by +11.61% in comparison to the 20-day moving average, which settled at $41.18. In addition, Enbridge Inc saw 13.46% 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:
- 0.2 for the present operating margin
- 0.5 for the gross margin
The net margin for Enbridge Inc stands at 0.14. The total capital return value is set at 0.05. Equity return is now at value 9.14, with 3.12 for asset returns.
Based on Enbridge Inc (ENB), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.37. The interest coverage ratio of the stock is 3.89.
Currently, EBITDA for the company is 16.77 billion with net debt to EBITDA at 6.68. When we switch over and look at the enterprise to sales, we see a ratio of 4.88. The receivables turnover for the company is 8.96for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
To wrap up, the performance of Enbridge Inc (ENB) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
