Enterprise Products Partners L P’s recently made public that its CO-CHIEF EXECUTIVE OFFICER TEAGUE AJ acquired Company’s shares for reported $0.12 million on Aug 27 ’24. In the deal valued at $29.35 per share,4,180 shares were bought. As a result of this transaction, TEAGUE AJ now holds 74,911 shares worth roughly $2.39 million.
Wells Fargo downgraded its Enterprise Products Partners L P [EPD] rating to an Equal weight from a an Overweight in a research note published recently. Pickering Energy Partners started covering the stock on October 03, 2023. It rated EPD as “an Outperform”.
Price Performance Review of EPD
On Tuesday, Enterprise Products Partners L P [NYSE:EPD] saw its stock unchanged to $31.93. Over the last five days, the stock has gained 2.34%. Enterprise Products Partners L P shares have risen nearly 1.82% since the year began. Nevertheless, the stocks have risen 19.59% over the past one year. While a 52-week high of $34.63 was reached on 01/06/25, a 52-week low of $26.12 was recorded on 01/02/25. SMA at 50 days reached $31.33, while 200 days put it at $29.57.
Levels Of Support And Resistance For EPD Stock
The 24-hour chart illustrates a support level at 31.77, which if violated will result in even more drops to 31.60. On the upside, there is a resistance level at 32.21. A further resistance level may holdings at 32.48. The Relative Strength Index (RSI) on the 14-day chart is 55.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.90%. Stochastics %K at 77.04% indicates the stock is a holding.
How much short interest is there in Enterprise Products Partners L P?
A steep rise in short interest was recorded in Enterprise Products Partners L P stocks on 2024-12-13, growing by 1.34 million shares to a total of 22.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 21.53 million shares. There was a rise of 5.84%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 02, 2023 when Scotiabank began covering the stock and recommended ‘”a Sector outperform”‘ rating .
