Analysts at StockNews.com assumed coverage on shares of Martin Midstream Partners (NASDAQ:MMLP – Get Free Report) in a report issued on Sunday. The firm set a “buy” rating on the pipeline company’s stock.
Martin Midstream Partners Price Performance
Shares of NASDAQ:MMLP opened at $3.76 on Friday. The business’s 50-day moving average is $3.58 and its 200-day moving average is $3.75. Martin Midstream Partners has a 1 year low of $2.36 and a 1 year high of $4.13. The company has a market capitalization of $146.85 million, a price-to-earnings ratio of -28.92 and a beta of 2.08.
Martin Midstream Partners (NASDAQ:MMLP – Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The pipeline company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.25). Martin Midstream Partners had a negative return on equity of 6.93% and a negative net margin of 0.73%. Analysts anticipate that Martin Midstream Partners will post 0.15 EPS for the current year.
Institutional Inflows and Outflows
Martin Midstream Partners Company Profile
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products.
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