Summit Midstream Partners Stock Price History

SMLP Stock  USD 28.23  0.05  0.18%   
Below is the normalized historical share price chart for Summit Midstream Partners extending back to September 28, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Summit Midstream stands at 28.23, as last reported on the 18th of April 2024, with the highest price reaching 28.65 and the lowest price hitting 28.00 during the day.
IPO Date
28th of September 2012
200 Day MA
17.9334
50 Day MA
21.7908
Beta
2.412
 
Yuan Drop
 
Covid
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. Summit Midstream is not too volatile given 3 months investment horizon. Summit Midstream Partners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Summit Midstream Partners Semi Deviation of 1.92, risk adjusted performance of 0.1068, and Coefficient Of Variation of 643.69 to evaluate company specific risk that cannot be diversified away.
  
At this time, Summit Midstream's Preferred Stock Total Equity is relatively stable compared to the past year. As of 04/18/2024, Common Stock is likely to grow to about 740.5 M, while Liabilities And Stockholders Equity is likely to drop slightly above 1.9 B. . As of 04/18/2024, Price To Sales Ratio is likely to drop to 0.38. In addition to that, Price Earnings Ratio is likely to grow to -4.51. Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1778

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Estimated Market Risk

 5.7
  actual daily
50
50% of assets are less volatile

Expected Return

 1.01
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Summit Midstream is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Midstream by adding it to a well-diversified portfolio.
Price Book
0.4118
Enterprise Value Ebitda
9.1262
Price Sales
0.6435
Shares Float
M
Wall Street Target Price
22

Summit Midstream Stock Price History Chart

There are several ways to analyze Summit Stock price data. The simplest method is using a basic Summit candlestick price chart, which shows Summit Midstream price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 3, 202428.6
Lowest PriceFebruary 5, 202415.69

Summit Midstream April 18, 2024 Stock Price Synopsis

Various analyses of Summit Midstream's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Summit Stock. It can be used to describe the percentage change in the price of Summit Midstream from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Summit Stock.
Summit Midstream Price Action Indicator(0.07)
Summit Midstream Price Daily Balance Of Power 0.08 
Summit Midstream Price Rate Of Daily Change 1.00 

Summit Midstream April 18, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Summit Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Summit Midstream intraday prices and daily technical indicators to check the level of noise trading in Summit Stock and then apply it to test your longer-term investment strategies against Summit.

Summit Stock Price History Data

The price series of Summit Midstream for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 has a statistical range of 12.91 with a coefficient of variation of 23.23. The price distribution for the period has arithmetic mean of 20.71. The median price for the last 90 days is 19.34. The company completed stock split (1:15) on 10th of November 2020. Summit Midstream Partners had dividends distributed to its stock-holders on 2020-02-06.
OpenHighLowCloseVolume
04/18/2024
 28.10  28.65  28.00  28.23 
04/17/2024 28.10  28.65  28.00  28.23  27,519 
04/16/2024 28.07  28.28  27.71  28.18  11,478 
04/15/2024 28.39  28.64  28.14  28.24  21,796 
04/12/2024 28.13  28.58  28.09  28.39  49,136 
04/11/2024 27.57  28.77  27.57  28.37  38,176 
04/10/2024 28.00  28.15  27.55  27.74  54,345 
04/09/2024 28.40  28.81  28.08  28.28  42,036 
04/08/2024 28.32  28.57  27.89  28.49  19,203 
04/05/2024 28.02  28.98  28.02  28.32  21,218 
04/04/2024 28.25  28.75  28.07  28.31  38,258 
04/03/2024 28.50  28.87  27.51  28.60  84,870 
04/02/2024 28.26  28.59  27.13  28.47  83,656 
04/01/2024 28.11  29.18  28.11  28.50  32,288 
03/28/2024 27.92  28.70  27.55  28.07  68,515 
03/27/2024 27.98  28.50  27.66  28.35  128,752 
03/26/2024 27.75  28.39  27.75  28.02  166,659 
03/25/2024 27.25  28.36  27.25  27.60  189,018 
03/22/2024 25.79  27.25  24.52  27.00  917,715 
03/21/2024 19.25  19.86  19.20  19.43  33,858 
03/20/2024 18.00  19.26  18.00  19.19  55,280 
03/19/2024 17.75  18.89  17.26  18.12  18,094 
03/18/2024 19.07  19.07  17.50  17.75  107,700 
03/15/2024 19.99  20.42  18.26  18.45  124,978 
03/14/2024 20.22  20.60  20.22  20.35  11,564 
03/13/2024 20.50  20.96  20.20  20.43  7,248 
03/12/2024 20.48  20.83  19.91  20.63  34,212 
03/11/2024 21.00  21.00  20.60  20.65  30,968 
03/08/2024 20.71  20.88  20.53  20.88  5,115 
03/07/2024 20.36  20.93  20.36  20.70  8,453 
03/06/2024 19.28  20.72  19.24  20.69  40,550 
03/05/2024 19.66  19.70  19.00  19.28  62,162 
03/04/2024 19.27  20.13  18.89  19.63  46,828 
03/01/2024 19.05  19.83  19.00  19.49  28,505 
02/29/2024 19.35  20.14  19.35  19.55  22,332 
02/28/2024 19.50  19.75  18.55  19.34  32,861 
02/27/2024 19.53  19.78  19.07  19.55  94,478 
02/26/2024 19.00  19.79  19.00  19.39  81,704 
02/23/2024 17.35  19.48  17.11  19.34  76,108 
02/22/2024 17.55  17.70  17.23  17.23  13,348 
02/21/2024 17.40  17.87  17.21  17.35  10,504 
02/20/2024 17.27  17.49  17.03  17.03  9,247 
02/16/2024 16.50  17.55  16.50  17.20  16,805 
02/15/2024 16.00  17.07  15.85  16.79  27,091 
02/14/2024 17.00  17.00  15.76  15.90  28,282 
02/13/2024 16.68  17.15  16.45  16.61  9,590 
02/12/2024 16.67  17.22  16.60  16.73  19,215 
02/09/2024 16.60  16.84  16.60  16.84  16,708 
02/08/2024 16.73  17.02  16.40  16.86  10,475 
02/07/2024 16.53  16.78  16.44  16.59  2,610 
02/06/2024 15.87  17.23  15.70  16.95  39,059 
02/05/2024 16.37  16.37  15.56  15.69  26,567 
02/02/2024 16.13  16.33  16.13  16.33  5,974 
02/01/2024 16.15  16.39  16.15  16.24  6,602 
01/31/2024 16.55  16.78  16.14  16.23  14,671 
01/30/2024 16.69  16.76  16.65  16.72  4,957 
01/29/2024 16.60  16.91  16.38  16.89  12,370 
01/26/2024 16.41  16.75  16.25  16.62  7,738 
01/25/2024 16.50  16.50  16.20  16.49  22,978 
01/24/2024 16.45  16.72  15.93  16.31  19,999 
01/23/2024 16.56  16.81  16.50  16.60  17,575 

About Summit Midstream Stock history

Summit Midstream investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Midstream Partners will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Summit Midstream stock prices may prove useful in developing a viable investing in Summit Midstream
Last ReportedProjected for Next Year
Common Stock Shares Outstanding10.3 M6.7 M
Net Loss-126.5 M-120.2 M

Summit Midstream Stock Technical Analysis

Summit Midstream technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Summit Midstream technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Summit Midstream trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Summit Midstream Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Summit Midstream's price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Summit Midstream Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Summit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Summit Midstream Partners Stock. Highlighted below are key reports to facilitate an investment decision about Summit Midstream Partners Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Summit Midstream's price analysis, check to measure Summit Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Midstream is operating at the current time. Most of Summit Midstream's value examination focuses on studying past and present price action to predict the probability of Summit Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Midstream's price. Additionally, you may evaluate how the addition of Summit Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Summit Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Midstream. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
10
Earnings Share
(6.11)
Revenue Per Share
44.498
Quarterly Revenue Growth
0.48
Return On Assets
0.02
The market value of Summit Midstream Partners is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.