Boardwalk Pipeline Partners L.P. s trend and data analysis indicates that the stock price has dropped -2.56% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.14% . Looking at the past 52 week period, the stock price is up at 28.1% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Boardwalk Pipeline Partners L.P. has a positive value of 13.46 compared to overall market.Boardwalk Pipeline Partners, LP is having a Relative Strength Index of 40.84 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Boardwalk Pipeline Partners L.P. (NYSE:BWP) has tumbled 1.16% during the past week and has dropped 2.14% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.4%. Boardwalk Pipeline Partners L.P. (NYSE:BWP) has underperformed the index by 3.25% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Boardwalk Pipeline Partners L.P. (NYSE:BWP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.12 points or 0.67% at $17.87 with 1,800,242 shares getting traded. Post opening the session at $17.99, the shares hit an intraday low of $17.74 and an intraday high of $18.17 and the price was in this range throughout the day. The company has a market cap of $4,473 million and the number of outstanding shares has been calculated to be 250,296,780 shares. The 52-week high of Boardwalk Pipeline Partners L.P. (NYSE:BWP) is $18.95 and the 52-week low is $13.3.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Feb 7, 2017 to Outperform, Raises Price Target to $ 21 from a previous price target of $19 .
Company has reported several Insider transactions to the SEC, on Aug 26, 2015, Kenneth I Siegel (director) purchased 20,000 shares at 12.91 per share price.On Aug 10, 2015, Stanley C Horton (CEO) purchased 2,000 shares at 13.44 per share price.
Boardwalk Pipeline Partners LP Last issued its quarterly earnings results on Feb 6, 2017. The company reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.29. The company had revenue of $352.60 million for the quarter, compared to analysts expectations of $333.24 million. The companys revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.
Boardwalk Pipeline Partners LP is a master limited partnership engaged through its subsidiaries, Texas Gas Transmission, LLC and Gulf South Pipeline Company, LP, in the interstate transportation and storage of natural gas.