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 soared an excellent 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. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Enbridge Energy Management stock situation right now, hence this is not a suitable entry point.

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 fall 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 month.

EEQ stock analysis

Daily outlook

Shares of Enbridge Energy Management closed at $10.51 and soared an excellent 2.44%.

Shares of Enbridge Energy Management ended at $10.51 and soared an excellent 2.44%. When SMA100d and SMA200d crossed up, EEQ price slipped $-0.42 per share (-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. Since price and SMA200d lines crossed up , EEQ climbed $0.27 (2.64%).

EEQ stock chart (daily)

Weekly outlook

Enbridge Energy Management shares depreciated -1.87% by mid December 2018, ending at $10.51.

Since SMA20w and SMA40w crossed up early October, EEQ price slid a -4.45%. Since price and SMA40w lines crossed up early August, EEQ climbed $0.33 (3.24%).

EEQ stock chart (weekly)

EEQ stock price history

EEQ stock went public on October 11th, 2002 with a price of $0.751. Since then, EEQ stock surged a 1,301.30%, with a yearly average of 76.50%. If you had invested right after EEQ's IPO a $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

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price prediction for Enbridge Energy Management stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Enbridge Energy Management presented its last earnings report, it declined a fateful -5.06%. Unfortunately, reported EPS is not yet available in our database.
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

Compared to , last anual sales report draw of to million dollars. When comparing vs , , profit margin (that is, the net income divided by revenues) a to .

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

Quarterly financial results

Reported quarter earnings marked $-1.00 million with a profit margin of . Profit margin stayed stable 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 neutral movement and stayed constant a nan%. Looking back to recent quarterly results, Enbridge Energy Management posted 6 negative 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 stock, it's worth to check its ownership structure.

Enbridge Energy Management shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

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

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. 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.