EEQ stock: buy or sell?

EEQ stock price: $10.51 2.44% At close on December 19th, 2018

Updated on:
December 19th, 2018

2

Shares of Enbridge Energy Management escalated a more than good 2.44% and closed at $10.51.

Enbridge Energy Management, L.L.C., through its limited partner interests in Enbridge Energy Partners, L.P., owns and operates crude oil and liquid petroleum transportation and storage assets in the United States.

Should I buy EEQ stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Enbridge Energy Management stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean EEQ will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Enbridge Energy Management stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for EEQ stock for the last 30 days.

EEQ stock analysis

Daily outlook

Shares of Enbridge Energy Management escalated a more than good 2.44% and closed at $10.51.

Enbridge Energy Management closed on December at $10.51 and escalated a more than good 2.44%. Since SMA100d and SMA200d crossed up on October, EEQ price slid a -3.84%. EEQ marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $10.88 would break this short term down trend and open possibilities for reversing this situation. When EEQ stock price broke up the SMA200d line, it gained $0.27 (2.64%).

EEQ stock chart (daily)

Weekly outlook

Shares of Enbridge Energy Management decreased a tragic -1.87% this week.

Since SMA20w and SMA40w crossed up early October, EEQ price slid a -4.45%. Since early August 2018 when EEQ stock price broke up the SMA40w line, it gained $0.33 (3.24%).

EEQ stock chart (weekly)

EEQ stock price history

EEQ IPO was on October 11th, 2002 at $0.75 per share1. Since then, EEQ stock grew a 1,301.30%, with a yearly average of 81.30%. If you had invested $1,000 in EEQ stock in 2002, it would worth $13,013.00 today.

1: Adjusted price after possible price splits or reverse-splits.

EEQ stock historical price chart

EEQ stock reached 52-week highs at $13.00, and all-time highs 2014-12-05 with a price of 27.29.

EEQ stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price forecast for Enbridge Energy Management stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on October, Enbridge Energy Management slightly fell a fatal -5.06%. As soon as we get its actual EPS from the earnings report, we will update this review.
EEQ earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a-0.02n/a
2017-Q1-n/a-0.02n/a
2017-Q2-n/a-0.02n/a
2017-Q32018-01-01n/an/an/a
2017-Q42018-03-30n/an/an/a
2018-Q12018-07-04n/an/an/a
2018-Q22018-10-04n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a

Annual financial results

In , Enbridge Energy Management annual revenues to M USD from marked in . , its income margin (compared to revenues) to , that is million.

EEQ annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY

Quarterly financial results

Reported quarter income marked $-1.00 M with a profit margin of . Profit margin stayed steady a 0.00% compared to previous quarter when profit margin was inf%. When comparing revenues to same quarter last year, Enbridge Energy Management sales marked a tight movement and stayed constant a nan%. Looking back to recent quarterly results, Enbridge Energy Management posted 6 positive quarters in a row.
EEQ quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

Enbridge Energy Management ownership

When you are planning to invest in a company, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Enbridge Energy Management, of all outstanding shares are owned by its staff.

The following table compares ownership indicators for other stocks related to Enbridge Energy Management:

EEQ
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

EEQ summary

Wednesday, December 19th, 2018
Open$10.29
Close$10.51
Day range$10.29 - $10.67
Previous close$10.26
Session gain2.44%
Average true range$0.31
50d mov avg$10.65
100d mov avg$10.63
200d mov avg$9.80
Daily patternlb06a
Weekly pattern

Enbridge Energy Management performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Enbridge Energy Management against in the following table:
Stock3m6m12m
EEQEnbridge Energy M...-6.83%17.56%-8.21%

Enbridge Energy Management competitors

Unfortunately, we could not find any public company that could be defined as Enbridge Energy Management competitor. This doesn't mean Enbridge Energy Management does not have any competitor in the market, it's just we could not detected it.