Energy Transfer Equity, L.P. (symbol: ETE) was one of the biggest winners
of the trading day today (2016-06-01), gaining 8.07%. The number of shares
that changed hands was 23,363,147, or about 1.2 times the average daily
volume in the stock.
The closing price was $13.66, amounting to a market cap of $14,270,000,000,
about -61.46% off the highest price in the last 12 months. The stock has
been trading at a range between $4.0 and $35.44.
ETE is in the Natural Gas Distribution industry, part of the Public
Utilities sector. It first went public in 2006.
Looking at its valuation, the stock is now trading at 11.89 times earnings.
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