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 closed at $10.51 and soared a very good 2.44%.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that matches with your character as inversor. 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 is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Enbridge Energy Management stock a buy?

Everyday, hundreds of stock ratings are posted 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

Enbridge Energy Management soared a very good 2.44% and closed at $10.51.

Enbridge Energy Management ended at $10.51 and soared a very good 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. When EEQ stock price broke up the SMA200d line, it gained $0.27 (2.64%).

EEQ stock chart (daily)

Weekly outlook

Enbridge Energy Management shares decreased -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 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 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

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 found any price prediction for Enbridge Energy Management stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report , Enbridge Energy Management declined a fatal -5.06%. As soon as we get its posted 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 dollars from marked in . 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 remained 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 steady 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 shares of a stock, 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.

For a better understanding, the following table shows ownership data compared to other related companies:

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 better understand Enbridge Energy Management performance you must becnhmark its gains with other related stocks in same sector or industry. For Enbridge Energy Management, the comparison is made against .
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.