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.
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.
IPO Date 28th of September 2012 | 200 Day MA 17.9334 | 50 Day MA 21.7908 | Beta 2.412 |
Summit |
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 9 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 Price | April 3, 2024 | 28.6 |
Lowest Price | February 5, 2024 | 15.69 |
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
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.Open | High | Low | Close | Volume | ||
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 10.3 M | 6.7 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.
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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.
Risk Adjusted Performance | 0.1068 | |||
Jensen Alpha | 0.8401 | |||
Total Risk Alpha | 0.4581 | |||
Sortino Ratio | 0.3136 | |||
Treynor Ratio | 1.64 |
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Volume Indicators |
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.