The stock of Enbridge Inc (NYSE: ENB) has decreased by -0.35 when compared to last closing price of 43.24. Despite this, the company has experienced a -3.60% fall in its stock price over the last five trading sessions. fool.com reported 2025-02-02 that High-yielding income stocks can be great investments. They can supply you with a steady stream of passive income.
Is It Worth Investing in Enbridge Inc (NYSE: ENB) Right Now?
The price-to-earnings ratio for Enbridge Inc (NYSE: ENB) is above average at 19.98x, Company’s 36-month beta value is 0.90.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 11 as “hold,” and 1 as “sell.”
The public float for ENB is 2.18B, and currently, short sellers hold a 1.08% ratio of that floaft. The average trading volume of ENB on February 03, 2025 was 4.15M shares.
ENB’s Market Performance
The stock of Enbridge Inc (ENB) has seen a -3.60% decrease in the past week, with a 1.56% rise in the past month, and a 6.16% gain in the past quarter. The volatility ratio for the week is 1.96%, and the volatility levels for the past 30 days are at 1.61% for ENB. The simple moving average for the last 20 days is -2.27% for ENB stock, with a simple moving average of 9.08% for the last 200 days.
ENB Trading at -0.03% 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 -5.88% of loss for the given period.
Volatility was left at 1.61%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares surge +0.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.62% upper at present.
During the last 5 trading sessions, ENB fell by -3.24%, which changed the moving average for the period of 200-days by +31.18% in comparison to the 20-day moving average, which settled at $44.10. In addition, Enbridge Inc saw 1.56% 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:
- 0.19 for the present operating margin
- 0.39 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 10.11, with 3.44 for asset returns.
Based on Enbridge Inc (ENB), the company’s capital structure generated 0.59 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 1.45. The interest coverage ratio of the stock is 2.04.
Currently, EBITDA for the company is 16.35 billion with net debt to EBITDA at 5.23. When we switch over and look at the enterprise to sales, we see a ratio of 4.76. The receivables turnover for the company is 8.55for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In a nutshell, Enbridge Inc (ENB) has experienced a better performance in recent times. The stock has received mixed “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.
