JP Energy Partners (JPEP) Catches Eye: Stock Jumps 7.5%
JP Energy Partners LP JPEP was a big mover last session, as the partnership saw its units rise above 7% on the day. The move came on solid volume with far more units changing hands than in a normal session. This breaks the recent trend of the partnership, as the stock is now trading above the volatile price range of $7.35 to $8.72 in the past one-month time frame.
In the last 30 days, the partnership has seen one downward estimate revision and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
JP Energy Partners currently carriers a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
JP ENERGY PTN Price
JP ENERGY PTN Price | JP ENERGY PTN Quote
A better-ranked Oil&Gas-Production Pipeline-MLB stock is Archrock Partners, L.P. APLP, which holds the same Zacks Rank #2 (Buy). You can the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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