Kinder Morgan (KMI) Down In Pre-Market Trading

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Kinder Morgan ( KMI) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Kinder Morgan as such a stock due to the following factors:

  • KMI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $373.1 million.
  • KMI traded 24,817 shares today in the pre-market hours as of 8:40 AM.
  • KMI is down 2.4% today from yesterday's close.

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More details on KMI:

Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. The stock currently has a dividend yield of 4.8%. KMI has a PE ratio of 5. Currently there are 13 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Kinder Morgan has been 8.9 million shares per day over the past 30 days. Kinder Morgan has a market cap of $87.2 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.32 and a short float of 4.1% with 7.60 days to cover. Shares are down 4.9% year-to-date as of the close of trading on Wednesday.

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