EnLink Midstream Partners LP (NYSE: ENLK)
ALERT
POTENTIAL TREND CHANGE
Potential Negative Trend Change/Rating
Recent exceptional negative changes in investment behavior have affected EnLink Midstream Partners LP (NYSE: ENLK): negative upside/downside volume, shorter term price trend turns down, and price decline challenges longer term uptrend.
Recent small negative changes in fundamentals have impacted EnLink Midstream Partners LP (NYSE: ENLK): significant decrease in consensus estimate for December, 2018.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Recent Price Action
EnLink Midstream Partners LP stock declined modestly on 3/1/18. The shares fell -0.6%, closing at $14.51. Moreover, trading volume was slightly above average at 144% of normal. The stock has performed in line with the market over the last nine months and has declined -8.4% during the last week.
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