user warning: Got error 28 from storage engine query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 464300 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Bid Up Shares of Kinder Morgan Management, Up 1.7%

Published on Thu, 03/21/2013 - 12:22
By Peter Chu

Kinder Morgan Management (NYSE:KMR), a company whose shares are moving quickly, is trading 1.7% higher to $84.40. The S&P is trading lower by 0.4% to 1,553 and the Dow is trading 0.3% lower to 14,468.

Kinder Morgan Management share prices have moved between a 52-week high of $84.47 and a 52-week low of $68.00 and are now trading 24% above that low price at $84.40 per share. The 200-day and 50-day moving averages have moved 0.19% higher and 0.18% higher over the past week, respectively.

Kinder Morgan Management (NYSE:KMR) has potential upside of 1.4% based on a current price of $84.40 and analysts' consensus price target of $85.54. The stock should discover initial support at its 50-day moving average (MA) of $82.00 and subsequent support at its 200-day MA of $76.63.

Kinder Morgan Management, LLC., is a limited partner in Kinder Morgan Energy Partners, L.P., and manages and controls its business and affairs.

By Peter Chu
pchu@fnno.com