Enbridge Inc. (ENB) And LKQ Corporation (LKQ) Both Are Undervalued

Enbridge Inc. (NYSE:ENB) is simply too cheap to pass with a price-to-sales ratio of 1.63. The competitors from Natural Gas Distribution hold an average P/S ratio of 2.47, which offer discount compared with the sector’s 10.77. In the past 13-year record, this ratio went down as low as 0.78 and as high as 1.73. Also, it is up from 0.69 of the total 105 rivals across the globe.

ENB traded at an unexpectedly low level on 01/14/2019 when the stock experienced a 0.75% gain to a closing price of $34.8. The company saw 3832733 shares trade hands over the course of the day. Given that its average daily volume over the last 5 days has been 4644120 shares a day, this signifies a pretty significant change over the norm.

Enbridge Inc. (ENB) Analyst Gushes

We have seen a 9.57% rise in the stock price over the last 30 days and a 9.3% increase over the past 3 months. Overall, the share price is up 11.97% so far this year.

Enbridge Inc. (ENB) Price Potential

In order to determine directional movement, the 50-day and 200-day moving averages for Enbridge Inc. (NYSE:ENB) are $32.07 and $33.54. Given that liquidity is king in short-term, ENB is a stock with 2.03 billion shares outstanding that normally trades 1.85% of its float. The stock price recently experienced a 5-day gain of 3.85% with 0.85 average true range (ATR). ENB has a beta of 0.57 and RSI is 67.95.

Investors also need to beware of the LKQ Corporation (NASDAQ:LKQ) valuations. The stock trades on a P/S of 0.77, which suggests that the shares are attractive compared with peers. The broad Motor Vehicles industry has an average P/S ratio of 1.31, which is significantly better than the sector’s 136.78. In the past 13-year record, this ratio went down as low as 0.65 and as high as 2.18. Also, it is down from 0.58 of the total 1225 rivals across the globe.

LKQ Corporation (LKQ)’s Lead Over its Technicals

LKQ Corporation by far traveled 17.19% versus a 1-year low price of $22.74. The share price was last seen 1.25% higher, reaching at $26.65 on Jan. 14, 2019. At recent session, the prices were hovering between $26.03 and $26.82. This company shares are 49.23% off its target price of $39.77 and the current market capitalization stands at $8.44B. The recent change has given its price a 1.82% lead over SMA 50 and -39.24% deficit over its 52-week high. The stock witnessed 3.17% gains, -5.9% declines and -20.35% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found LKQ’s volatility during a week at 3.27% and during a month it has been found around 3.74%.

LKQ Corporation (NASDAQ:LKQ) Intraday Metrics

LKQ Corporation (LKQ) exchanged hands at an unexpectedly low level of 2921236 shares over the course of the day. Noting its average daily volume at 3614300 shares each day over the month, this signifies a pretty significant change over the norm.