Plains All American Pipeline, L.P. s trend and data analysis indicates that the stock price has dropped -6.79% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -0.86% . Looking at the past 52 week period, the stock price is up at 29.16% . 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 Plains All American Pipeline, L.P. has a positive value of 36.84 compared to overall market.Plains All American Pipeline, L.P. is having a Relative Strength Index of 47.16 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Plains All American Pipeline, L.P. (NYSE:PAA) has tumbled 0.61% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.29% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.84%. Plains All American Pipeline, L.P. (NYSE:PAA) has underperformed the index by 0.85% 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. Plains All American Pipeline, L.P. (NYSE:PAA) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.36 points or 1.14% at $31.14 with 1,772,538 shares getting traded. Post opening the session at $31.5, the shares hit an intraday low of $31.085 and an intraday high of $31.55 and the price was in this range throughout the day. The company has a market cap of $21,023 million and the number of outstanding shares has been calculated to be 675,097,180 shares. The 52-week high of Plains All American Pipeline, L.P. (NYSE:PAA) is $33.95 and the 52-week low is $19.76.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Robert W. Baird on Jan 31, 2017 to Outperform, Raises Price Target to $ 37 from a previous price target of $32 .Plains All American Pipeline L.P. was Initiated by Mizuho on Jan 30, 2017 to Neutral, Price Target of the shares are set at $34.
Company has reported several Insider transactions to the SEC, on Dec 12, 2016, John Vonberg (EVP – Commercial Activities) sold 6,675 shares at 32.56 per share price.On Dec 5, 2016, Al Swanson (Executive VP & CFO) sold 65,000 shares at 32.92 per share price.On Aug 22, 2016, W David Duckett (CEO of subsidiary – PMC) sold 17,333 shares at 29.76 per share price.
Plains All American Pipeline L.P. Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.37 EPS for the quarter, missing the analyst consensus estimate by $ -0.16. Analyst had a consensus of $0.53. The company had revenue of $5952.00 million for the quarter, compared to analysts expectations of $5942.37 million. The companys revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Plains All American Pipeline, L.P. is engaged in interstate and intrastate marketing, transportation and terminalling of crude oil.