Tortoise Energy Infrastructure Corp (TYG) |
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16.32 -0.4 (-2.39%)
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10-24 22:25 |
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Open: |
16.86 |
Pre. Close: |
16.72 |
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High:
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16.9 |
Low:
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16.29 |
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Volume:
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46,845 |
Market Cap:
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218M |
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Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products. Under normal circumstances, the Fund invests at least 90% of its total assets (including assets obtained through leverage) in securities of energy infrastructure companies and at least 70% of its total assets in equity securities of MLPs. The Fund may invest up to 30% of its total assets in restricted securities, primarily through direct placements. The Fund may invest up to 25% of its total assets in debt securities, including those rated below investment grade. Tortoise Capital Advisors, L.L.C. is the investment advisor of the Fund. |
Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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16.939 - 17.023 |
17.023 - 17.09 |
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Low:
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16.062 - 16.174 |
16.174 - 16.265 |
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Close:
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16.164 - 16.333 |
16.333 - 16.469 |
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Technical analysis |
as of: 2020-10-23 4:49:51 PM |
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Overall:
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| Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected. |
| Target: |
Six months: 19.74  One year: 23.06 |
| Support: |
Support1: 15.05 Support2: 13.91 |
| Resistance: |
Resistance1: 16.90 Resistance2: 19.74 |
| Pivot: |
16.18 |
| Moving Average: |
MA(5): 16.41 MA(20): 15.82
MA(100): 16.59 MA(250): 35.19 |
| MACD: |
MACD(12,26): 0.22 Signal(9): 0.13 |
| Stochastic oscillator: |
%K(14,3): 82.68 %D(3): 84.73 |
| RSI: |
RSI(14): 54.75 |
| 52-week: |
High: 78.32 Low: 4.60 Change(%): -78.2 |
| Average Vol(K): |
3-Month: 10721 10-Days: 8800 |
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Price, moving averages and Bollinger Bands |
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Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.TYG has closed below upper band by 40.8%. Bollinger Bands are 45.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to TYG's normal range. The bands have been in this narrow range for 0 bars. This is a sign that the market may be about to initiate a new trend. |
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Headline News |
Mon, 12 Oct 2020
TEAF: 'Energy' Type Discount, But Utility/Infrastructure Performance - Seeking Alpha
Thu, 01 Oct 2020
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2020 for TYG, NTG, TTP, NDP, TPZ and TEAF - Business Wire
Wed, 26 Aug 2020
Fitch Maintains Rating Watch Negative for Two Tortoise Funds; Withdraws Ratings - Fitch Ratings
Wed, 08 Jul 2020
Tortoise Announces the Reinstatement of Distributions and Share Repurchase Program for Certain Closed-End Funds - Business Wire
Thu, 11 Jun 2020
Update on Tortoise Power and Energy Infrastructure Fund, Inc.'s Distribution Declarations and Annual Stockholders' Meeting - Business Wire
Fri, 29 May 2020
KBRA Assigns Ratings to Tortoise Energy Infrastructure Corp. Senior Notes and Mandatory Redeemable Preferred Shares - Business Wire
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Financial Analysis |
| Growth |
n/a |
| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
n/a |
| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
n/a |
| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
n/a |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Price to Book Value: |
Outperform |
Discounted cash flow: |
Outperform |
| Return on Assets: |
Underperform |
Price to Earnings: |
Neutral |
| Return on Equity: |
Underperform |
Debt to Equity: |
Outperform |
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| Free Technical Analysis Charts
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Stock Basics & Statistics |
| Exchange: NYSE |
| Sector: Financial Services |
| Industry: Asset Management |
| Shares Out. (M) |
13 |
| Shares Float (M) |
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% Held by Insiders
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0.21 |
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% Held by Institutions
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27.51 |
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Shares Short (K)
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15 |
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Shares Short P. Month (K)
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23 |
Stock Financials |
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EPS
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-26.190 |
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EPS Est This Year
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2.500 |
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EPS Est Next Year
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-0.620 |
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Book Value (p.s.)
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25.080 |
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Profit Margin
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Operating Margin
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33.44 |
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Return on Assets (ttm)
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0.4 |
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Return on Equity (ttm)
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-34.9 |
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Qtrly Rev. Growth
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Gross Profit (p.s.)
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2.122 |
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Sales Per Share
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2.303 |
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EBITDA (p.s.)
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Qtrly Earnings Growth
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Operating Cash Flow (M)
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240 |
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Levered Free Cash Flow (M)
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-25 |
Stock Valuations |
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PE Ratio
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-0.62 |
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PEG Ratio
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Price to Book value
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0.65 |
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Price to Sales
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7.09 |
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Price to Cash Flow
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0.91 |
Stock Dividends |
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Dividend
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9.440 |
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Forward Dividend
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1.200 |
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Dividend Yield
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0.58 |
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Dividend Pay Date
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2018-11-29 |
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Ex-Dividend Date
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2020-07-22 |
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