(TYG) Tortoise Energy - Ratings and Ratios

Tortoise Energy Infrastructure Corporation (TYG) is a closed-end equity mutual fund managed by Tortoise Capital Advisors, L.L.C. The fund is designed to provide exposure to the U.S. energy infrastructure sector, focusing on companies engaged in the transportation, processing, storage, distribution, or marketing of natural gas, natural gas liquids, coal, crude oil, or refined petroleum products. TYG primarily invests in publicly traded Master Limited Partnerships (MLPs) and common stocks of companies with a market capitalization exceeding $100 million. The fund is domiciled in the United States and trades on the New York Stock Exchange under the ticker symbol TYG.

As of the latest data, TYG has a market capitalization of $484.31 million. The funds price-to-earnings (P/E) ratio is 2.30, and its price-to-book (P/B) ratio is 0.87, indicating a valuation below its book value. The price-to-sales (P/S) ratio is 35.44, reflecting a premium relative to its revenue. The return on equity (RoE) stands at 18.80%, showcasing strong profitability. The funds average trading volume over the past 20 days is 104,672 shares, with a last reported price of $43.55. The short-term moving average (SMA 20) is $44.79, while the medium-term (SMA 50) and long-term (SMA 200) averages are $43.88 and $37.75, respectively. The Average True Range (ATR) of $1.08 highlights moderate price volatility.

3-Month Forecast: Based on the technical and fundamental data, TYG is expected to experience sideways to slightly bullish movement in the near term. The funds SMA 20 crossing above the SMA 50 suggests short-term momentum, while the SMA 200 remains below the current price, indicating long-term strength. The low ATR of 1.08 suggests volatility will remain contained. Fundamentally, the energy infrastructure sector is likely to benefit from stable demand for natural gas and petroleum products, supporting the funds performance. However, the forward P/E of 0.00 signals uncertainty in earnings growth expectations. Overall, TYG is projected to trade in the range of $42.50 to $45.50 over the next three months, with potential upside driven by sector-specific tailwinds.