Midcoast Energy Partners, L.P. (symbol: MEP) was one of the biggest winners
of the trading day today (2015-07-30), gaining 25.13%. The number of shares
that changed hands was 758,200, or about 8.1 times the average daily volume
in the stock.
The closing price was $12.4, amounting to a market cap of $560,730,000,
about -50.66% off the highest price in the last 12 months. The stock has
been trading at a range between $8.75 and $25.13.
MEP is in the Oil & Gas Production industry, part of the Public Utilities
sector. It first went public in 2013.
Looking at its valuation, the stock is now trading at 13.09 times earnings.
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