Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $42.75 in the prior trading day, Enbridge Inc (NYSE: ENB) closed at $42.31, down -1.03%. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 6.07 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ENB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 69.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.43.
Valuation Measures:
As of this moment, Enbridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.62, and their Forward P/E ratio for the next fiscal year is 18.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 2.24.
Stock Price History:
Over the past 52 weeks, ENB has reached a high of $45.78, while it has fallen to a 52-week low of $32.85. The 50-Day Moving Average of the stock is -2.29%, while the 200-Day Moving Average is calculated to be 5.80%.
Shares Statistics:
A total of 2.18B shares are outstanding, with a floating share count of 2.18B. Insiders hold about 0.15% of the company’s shares, while institutions hold 51.19% stake in the company.
