Enerplus Corporation (NYSE:ERF): Stochastic Analysis


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Enerplus Corporation (NYSE:ERF) for the period of 9-Day stands at 9.16% while the stochastic %D for the same period stands at 10.83%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Enerplus Corporation (NYSE:ERF) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Enerplus Corporation (NYSE:ERF) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Enerplus Corporation (NYSE:ERF)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Enerplus Corporation, formerly known as Enerplus Resources, is an independent oil and gas production company with resources across Western Canada and the United States. The Company’s resource plays include shallow gas/coal bed methane, tight gas, crude oil waterfloods, Bakken/Tight oil and oil sands located in British Columbia, Alberta, Saskatchewan and Manitoba. Enerplus Corporation is based in Alberta, Canada.

Previous Day Activity Analysis

On the last trading day, Enerplus Corporation (NYSE:ERF) opened the session at $8.84 and after going down -0.11% closed at $8.8. The stock lost -0.04 points in the last trade.

Enerplus Corporation (NYSE:ERF)’s stock fluctuated in the range of $8.80 and $9.10 during the previous active session. Enerplus Corporation (NYSE:ERF) traded with the volume of 1.28 Million with average volume of 1.02 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.41 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.25 and 35.23 respectively.

Currently the Insider Ownership of the shares of Enerplus Corporation (NYSE:ERF) is at 1.3% and the shares outstanding are 242.13 Million.

Important Ratio Analysis

Some important ratios to consider here for Enerplus Corporation (NYSE:ERF) are discussed below:

Dividend yield of Enerplus Corporation (NYSE:ERF) stands at 1.14% whereas Price to Earnings P/E ratio stands at 3.01 while Forward P/E shows the value of 14.15.

The Price to Sale P/S and Price to Book P/B shows the value of 3.09 and 1.64 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 6.9 and 10.7 correspondingly.

The Quick Ratio of Enerplus Corporation (NYSE:ERF) stands at 2.5 while the Current Ratio depicts the value of 2.5.

Return on Assets ROA of Enerplus Corporation (NYSE:ERF) is at 39.5% whereas, Return on Equity ROE and Return of Investment ROI of Enerplus Corporation (NYSE:ERF) stand at 72.6% and 19.4% respectively.

The payout ratio of Enerplus Corporation (NYSE:ERF) stands at 3.1%.

Stock Performance Analysis

The stock performance of Enerplus Corporation (NYSE:ERF) on the basis of 5 day trade show the dip of -3.19% whereas, the monthly performance of the stock shows decrease of -6.28%.

The quarterly performance of the stock remained in green zone with the value of 3.29% while six month performance of the shares of Enerplus Corporation (NYSE:ERF) remained bullish with the count of 17.02%.

The yearly and YTD performance of Enerplus Corporation (NYSE:ERF) remained mix at 19.4% and -7.17% respectively.