Shares of Buckeye Partners, LP (GLP) plummeted 17.18% in the last three months – Wallstreet Morning



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GLP Stock of Monday trading session

Buckeye Partners, L.P. (GLP) rose 2.87% to $ 34.41 during Monday's trading session. The quarterly performance of the stock provides a lag of -17.18% and its performance is -45.88% for the last twelve months, while it has increased -38.27% over the last six months . 1.34 million shares were traded on the last trading day against an average volume of 1.11 million shares in the last three months. The relative volume of the stock is 1.04. Relative volume is an indicator that tells traders and investors how recent volume is compared to transaction volumes over a period of time. It's something the investor looks for in all the stocks in which the investor is trading and it's an important indicator to keep tabs on.

Shares of Buckeye Partners, LP (GLP) trade at -46.22% of the 52-week peak value and change 7.43% from their 52-week value. Its market capitalization is $ 5059.30. Market capitalization is only a whimsical name for a simple concept: it is the market value of the outstanding shares of a corporation. This figure is obtained by taking the price of the stock and multiplying it by the total number of shares outstanding. The clbadification of companies into different capitalisations also allows investors to badess the growth potential in relation to risk. Historically, large caps have experienced slower growth with lower risk. Meanwhile, small caps have seen higher growth potential, but with higher risk.

For investors, the P / E forward ratio allows a quick overview of the company's finances without getting bogged down in the details of an accounting report. The forward price / earnings ratio is a powerful but limited tool. The forward ratio P / E is at 10.54. The P / E ratio of the company is 10.69. The price / earnings ratio measures its current price against its earnings per share. This indicates the dollar amount that an investor can expect to invest in a business in order to receive a dollar of profits from that company.

Analysis of Relative Strength Index (RSI):

The Relative Strength Index (RSI-14) for GLP is observed at 49.46. Traditionally, RSI readings above level 70 are considered to be in overbought territory, and RSI readings below level 30 are considered oversold. Between level 30 and 70 is considered neutral, with level 50 a sign of no-trend. The Relative Strength Index (RSI) is a technical indicator used in the badysis of financial markets. It is intended to represent the current or historical strength or weakness of a stock or market based on the closing price of a recent trading period. The indicator should not be confused with relative strength. The ups and downs are indicated when RSI goes above 70 or goes below 30.

Volatility Comment:

Weekly volatility remained at 2.96% and volatility at 2.87%. % for the month. Volatility refers to the amount of uncertainty or risk related to the size of the changes in a security's value. Higher volatility means that the value of a security can potentially be spread over a wider range of values. This means that the price of security can change significantly over a short period of time in both directions. Lower volatility means that the value of a security does not fluctuate dramatically, but changes in value at a steady pace over a period of time. Generally, the higher the volatility, the safer the security. The beta that measures volatility and risk is 1.14.

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