What’s happening at Equitrans Midstream Corporation (NYSE:ETRN)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 3.90% (or 0.46 points) to $12.26 from its previous close of $11.80. So is it the right moment to buy?
The shares had a decreased trading volume of 3,687,060 contracts this session compared to the average daily volume of last 10 days of 5,165,375 contracts and they had an increased trading volume compared to the average daily volume of last 3 months of 3,190,914 contracts.
The indicator of a company’s profitability, the earnings per share ratio is 0.06. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is positive and tells you exactly how much money the company earned per share of its 254.7M outstanding stock.
The closing market price for this trading session was 33.70% over 52 weeks minimum price of $9.17 and 45.00% under 52 weeks maximum price of $22.29. Also the price is -17.21% less than 200 day average of $14.81 and 10.68% greater than 50 day average of $11.08.
Latest news that might have contributed to the great perfomance of ETRN today are:
- EQM Midstream Partners (EQM) Provides 2020 Capex Guidance, published on Tue, 17 Dec 2019 14:18:02 +0000
- Equitrans Midstream and EQM Midstream Partners Provide 2020 Financial and Capital Expenditure Guidance, published on Mon, 16 Dec 2019 12:00:00 +0000
- Hedge Funds Are Selling Equitrans Midstream Corporation (ETRN), published on Wed, 11 Dec 2019 16:25:12 +0000