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How Will the Market React to Kinder Morgan Inc (KMI) Stock Getting a Bullish Rating

Monday, April 01, 2024 02:50 PM | InvestorsObserver Analysts

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How Will the Market React to Kinder Morgan Inc (KMI) Stock Getting a Bullish Rating

Kinder Morgan Inc (KMI) stock has risen 1.77% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Kinder Morgan Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KMI!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With KMI Stock Today?

Kinder Morgan Inc (KMI) stock has gained 0.19% while the S&P 500 is lower by -0.28% as of 2:48 PM on Monday, Apr 1. KMI is up $0.03 from the previous closing price of $18.34 on volume of 7,009,195 shares. Over the past year the S&P 500 has risen 27.03% while KMI is up 4.08%. KMI earned $1.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.28.

More About Kinder Morgan Inc

Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and over 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products. Click Here to get the full Stock Report for Kinder Morgan Inc stock.

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