In a filing, Enterprise Products Partners L P revealed 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 $2.25 million.
Scotiabank initiated its Enterprise Products Partners L P [EPD] rating to a Sector perform in a research note published on January 10, 2025; the price target was $33. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Peer perform”. Wells Fargo also remained covering EPD and has decreased its forecast on December 18, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of EPD
On Monday, Enterprise Products Partners L P [NYSE:EPD] saw its stock fall -3.06% to $30.07. Over the last five days, the stock has gained 1.48%. Enterprise Products Partners L P shares have fallen nearly -4.11% since the year began. Nevertheless, the stocks have risen 5.92% over the past one year. While a 52-week high of $34.63 was reached on 03/10/25, a 52-week low of $27.37 was recorded on 04/07/25. SMA at 50 days reached $32.75, while 200 days put it at $31.04.
Levels Of Support And Resistance For EPD Stock
The 24-hour chart illustrates a support level at 29.67, which if violated will result in even more drops to 29.28. On the upside, there is a resistance level at 30.77. A further resistance level may holdings at 31.48. The Relative Strength Index (RSI) on the 14-day chart is 38.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.94%. Stochastics %K at 44.57% 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 2025-03-31, dropping by -1.57 million shares to a total of 23.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 25.42 million shares. There was a decline of -6.59%, which implies that there is a negative sentiment for the stock.
