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Spectra Energy (SEP) Jumps: Stock Rises 5.4%

Zacks Equity Research
Updated

Spectra Energy Partners, LP SEP was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 16.4% in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Spectra Energy. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Spectra Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.  

Spectra Energy Partners, LP Price

Spectra Energy Partners, LP Price | Spectra Energy Partners, LP Quote

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Is SEP going up? Or down? Predict to see what others think: Up or Down

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Spectra Energy Partners, LP (SEP) : Free Stock Analysis Report
 
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