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Kinder Morgan In: 52-Week High Recently Eclipsed (KMI)

By Nick Russo

Kinder Morgan In (NYSE:KMI) traded at a new 52-week high today of $20.05. Approximately 445,000 shares have changed hands today, as compared to an average 30-day volume of 14.5 million shares.

There is potential upside of 2.4% for shares of Kinder Morgan In based on a current price of $20.05 and an average consensus analyst price target of $20.52. Kinder Morgan In shares have support at the 50-day moving average (MA) of $18.18 and additional support at the 200-day MA of $17.56.

Kinder Morgan, Inc. is a pipeline transportation and energy storage company. The Company owns and operates pipelines that transport natural gas, gasoline, crude oil, carbon dioxide, and other products, and terminals that store petroleum products and chemicals and handle bulk materials like coal and petroleum coke.

Over the past year, Kinder Morgan In has traded in a range of $14.62 to $20.05 and is now at $20.05, 37% above that low. The 200-day and 50-day moving averages have moved 0.33% higher and 1.52% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Kinder Morgan In on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $16.92. Since that recommendation, shares of Kinder Morgan In have risen 18.1%. We continue to monitor KMI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows kinder morgan in

Ticker(s): KMI