Enterprise Stock Hits New 52-Week High (EPD)

Enterprise Products Partners (NYSE:EPD) hit a new 52-week high Tuesday as it is currently trading at $63.73, above its previous 52-week high of $63.72 with 654,115 shares traded as of 2:10 p.m. ET. Average volume has been 1.3 million shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Enterprise Products Partners

(NYSE:

EPD

) hit a new 52-week high Tuesday as it is currently trading at $63.73, above its previous 52-week high of $63.72 with 654,115 shares traded as of 2:10 p.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Enterprise has a market cap of $56.96 billion and is part of the basic materials sector and energy industry. Shares are up 26.5% year to date as of the close of trading on Monday.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally.

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TheStreet Ratings rates

Enterprise

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full

Enterprise Ratings Report

.

See all

52-week high stocks

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