Spectra Energy Corp (SE) Shares are Down -1.98%

Spectra Energy Corp (SE) : During the past 4 weeks, traders have been relatively bearish on Spectra Energy Corp (SE), hence the stock is down -0.71% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.33% relative to the S&P 500. The 4-week change in the price of the stock is -0.92% and the stock has fallen -1.98% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.11% and the fifty day Moving Average is 0.18%. Spectra Energy Corp. is up 13.91% in the last three month period. Year-to-Date the stock performance stands at 54.67%.

Spectra Energy Corp (SE) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $41 and the lowest price target forecast is $31. The average forecast of all the analysts is $35.8 and the expected standard deviation is $3.82.


Spectra Energy Corp (NYSE:SE): On Fridays trading session , Opening price of the stock was $35.83 with an intraday high of $36.12. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $35.52. However, the stock managed to close at $35.64, a loss of 0.14% for the day. On the previous day, the stock had closed at $35.69. The total traded volume of the day was 3,044,685 shares.

Spectra Energy Corp is a natural gas infrastructure company. The Company owns and operates natural gas-related energy assets and a crude oil pipeline system connecting Canadian and the United States producers to refineries in the United States Rocky Mountain and Midwest regions. It operates in three areas of the natural gas industry: gathering and processing, transmission and storage, and distribution. It conducts its business in four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. It provides transmission and storage of natural gas to customers in various regions of the northeastern and southeastern United States, the Maritime Provinces in Canada, the Pacific Northwest in the United States and Canada, and in the province of Ontario, Canada. It also provides natural gas sales and distribution services to retail customers in Ontario, and natural gas gathering and processing services to customers in western Canada.

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