In Friday’s Wall Street session, Plains All American Pipeline LP (NASDAQ:PAA) shares traded at $17.34, down -9.88% from the previous session.
PAA stock price is now -12.89% away from the 50-day moving average and -5.28% away from the 200-day moving average. The market capitalization of the company currently stands at $12.20B.
With the price target maintained at $22, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for Plains All American Pipeline LP (NASDAQ: PAA)., while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
A total of 35.38% of the company’s stock is owned by insiders.
During the past 12 months, Plains All American Pipeline LP has had a low of $16.21 and a high of $21.00. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 0.97, and a quick ratio of 0.88. According to the stock market information, the enterprise value for the company is $25436475392, which is based on a 23.70 price-to-earnings ratio, a 6.58 price-to-earnings-growth ratio, and a beta of 0.68. The fifty day moving average price for PAA is $19.905 and a two-hundred day moving average price translates $18.30755 for the stock.
The latest earnings results from Plains All American Pipeline LP (NASDAQ: PAA) was released for 2024-12-31. The net profit margin was 1.02% and return on equity was 7.56% for PAA. The company reported revenue of $12.4 billion for the quarter, compared to $12.7 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.33 percent.
