Stock To Watch: Kinder Morgan Energy Partners (KMP) In Perilous Reversal

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Trade-Ideas LLC identified Kinder Morgan Energy Partners ( KMP) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Kinder Morgan Energy Partners as such a stock due to the following factors:

  • KMP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $469.2 million.
  • KMP has traded 910,403 shares today.
  • KMP is down 3.2% today.
  • KMP was up 17.2% yesterday.

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More details on KMP:

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. The stock currently has a dividend yield of 7%. KMP has a PE ratio of 20.8. Currently there are 6 analysts that rate Kinder Morgan Energy Partners a buy, 1 analyst rates it a sell, and 7 rate it a hold.

The average volume for Kinder Morgan Energy Partners has been 1.1 million shares per day over the past 30 days. Kinder Morgan Energy has a market cap of $26.0 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.48 and a short float of 1.8% with 0.97 days to cover. Shares are down 0.8% year-to-date as of the close of trading on Friday.

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