Energy Transfer Equity, L.P. (ETE) Swings Under Technical Examination- Ciena Corporation (CIEN)


Energy Transfer Equity, L.P. (NYSE:ETE)[Trend Analysis] shares price collapsed -1.73% during latest trading session.

The firm has shaped a compelling indication for investors in the most recent trading. That mark has grown stronger as the technical chart setup has developed into a more accurate movement for the stock. The ratio analysis is selected to dugout more clear and detail views about ETE as a ratio analysis is a quantitative analysis of information contained in a company’s financial statements. It is used to assess various matters of a company’s operating and financial performance such as its liquidity, efficiency, profitability and solvency. Start from its liquidities ratios, and the co has current ratio of 1.40 that indicates if ETE lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry.

To make strengthen these views, the active industry firm has Quick Ratio of 1.10, which indicates firm has sufficient short-term assets to cover its immediate liabilities. The ratio can be used as the evaluating rod of efficiency. With the assist of this, the evaluation of changes during different period can be performed. Thus, the comparative efficiency of firm can be informed.

To watch unbiased undervalue securities, there is need to see following technical rations. ETE holds price to earnings ratio of 17.56 that presents much better indication for a stock’s value than the market price alone. Based on historic views, the average P/E ratio in market fluctuates between 15 and 25, but alone low P/E ratio does not necessarily mean that a company is under worth. With reference to all theories, earning yield also gives right direction to lure investment, as ETE has 6.49% dividend yield.

Ciena Corporation (NYSE:CIEN)[Trend Analysis] also run on active notice, stock price surged 0.33% after traded at $21.35 in most recent trading session.

CIEN has price to earnings ratio of 3.08 and the price to current year EPS stands at -23.80%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 27.13%. Moving toward ratio analysis, it has current ratio of 1.90 and quick ratio was calculated as 1.70. The debt to equity ratio appeared as 0.47 for seeing its liquidity position. The firm stood at analyst recommendation of 1.80 out of 1-5 scale.

Taking notice on volatility measures, price volatility of stock was 2.10% for a week and 2.13% for a month. The price volatility’s Average True Range for 14 days was 0.49. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm’s insider ownership was 1.40%.

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Barrett gives us an insight into the latest Energy and basic material news hitting the business and financial markets in Wall Street. He has been an independent financial adviser for over 10 years in the market and in recent years turned her experience in finance and passion for journalism into a full time role. He also covers news about the Energy sector. Barrett is an accomplished journalist who has a passion for travel. His desire to see the world has taken him to countries around the world and given him the opportunity to report for some of the top news organizations. He holds a PhD in the field of epidemiology a master’s degree in public health. His undergraduate training is in policy, economics and the sciences. Email:


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