The price of MGM Growth Properties LLC (NYSE:MGP) went down by $-0.27 now trading at $31.89. Their shares witnessed a 25.06% increase from the 52-week low price of $25.5 they recorded on 2018-12-24. Even though it is still -4.42% behind the $33.3 high touched on 2019-04-16. The last few days have been good for the stock, as its price has grew by 0.89% during the week. It has also performed better over the past three months, as it added around 1.82% while it has so far climbed around 11.5% during the course of a year. The stock of MGP recorded 20.75% uptrend from the beginning of this year till date. The 12-month potential price target for MGM Growth Properties LLC is set at $34.88. This target means that the stock has an upside potential to increase by 9.38% from the current trading price.
35 institutions entered new MGM Growth Properties LLC (NYSE:MGP) positions, 121 added to their existing positions in these shares, 58 lowered their positions, and 24 exited their positions entirely.
MGM Growth Properties LLC (MGP) trade volume has increased by 1.22% as around 753,763 shares were sold when compared with its 50-day average volume of traded shares which is 744,694. At the moment, MGP is witnessing a downtrend, as it is trading -0.48% below its 20-day SMA, 0.31% above its 50-day SMA, and 7.22% above its 200-day SMA. The company runs an ROE of roughly 4.2%, with financial analysts predicting that their earnings per share growth will be around 20.83% per annum for the next five year. This will be compared to the 16.9% increase witnessed over the past five years.
The first technical resistance point for MGM Growth Properties LLC (NYSE:MGP) will likely come at $32.12, marking a 0.72% premium to the current level. The second resistance point is at $32.35, about 1.42% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $31.5, the lower end of the range. MGP’s 14-day MACD is 0.07 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 49.68, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 13.73 percent, which is low when compared to that of the 50-day’s 15.02 percent.
The shares of TC Energy Corporation (NYSE:TRP) has increased by 1.12%, and now trading at $48.69 on the Wall Street in the intra-day deal, with their shares traded now around 1,330,082. This is a decline of -100,306 shares over the average 1,430,388 shares that were traded daily over the last three months. The stock that is trading at $48.69 went higher by 40.8% from its 52-week low of $34.58 that it attained back on 2018-12-26. The stock recorded a 52-week high of $49 nearly 3 days ago on 2019-05-17.
TRP stock has performed well over the past 30 days, as it added 4.17% while its price climbed by 36.39% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 3.77% over the last week. The stock’s 12-month potential target price is now at $54.51. This means that the stock price might likely increase by 11.95% from its current trading price. 8 out of 12 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 16.67% rated it as a hold, with 16.67% of analysts rating it as a sell.
TC Energy Corporation (NYSE:TRP) has been utilizing an ROE that is roughly 15.5%, with stock analysts predicting that the company’s EPS for the next five years will go up by 1.94% per year, following the 9.1% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 2.98% above its 20-day SMA, 5.17% above its 50-day SMA, and 14.44% above its 200-day SMA. In percentage terms, the aggregate TC Energy Corporation shares held by institutional investors is 60.2%. 61 institutions jumped in to acquire TC Energy Corporation (TRP) fresh stake, 227 added to their current holdings in these shares, 163 lowered their positions, and 49 left no stake in the company.
The stock’s 9-day MACD is 0.87 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 77.84, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 11.11 percent, which is more when compared to that of the 50-day’s 10.01 percent. On the daily chart, we see that the stock could reach the first level of resistance at $49.12, sporting a 0.88% premium to the current level. The next resistance point is at $49.56, representing nearly 1.76% premium to the current market price of TC Energy Corporation (TRP). On the other hand, failure to breach the immediate hurdles can drag it down to $47.58, the lower end of the range.
