Cypress Energy Partners (NYSE:CELP) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued to investors on Friday.
Other research analysts also recently issued reports about the company. Robert W. Baird set a $8.00 price target on Cypress Energy Partners and gave the company a “hold” rating in a report on Thursday, September 20th. TheStreet upgraded Cypress Energy Partners from a “d+” rating to a “c” rating in a report on Monday, August 27th.
Shares of NYSE CELP opened at $6.85 on Friday. The company has a debt-to-equity ratio of 7.33, a current ratio of 3.08 and a quick ratio of 3.08. The firm has a market cap of $82.63 million, a price-to-earnings ratio of 13.70 and a beta of 1.41. Cypress Energy Partners has a twelve month low of $5.50 and a twelve month high of $8.50.
An institutional investor recently bought a new position in Cypress Energy Partners stock. Northern Trust Corp purchased a new stake in Cypress Energy Partners LP (NYSE:CELP) during the second quarter, according to its most recent filing with the SEC. The firm purchased 19,716 shares of the oil and gas company’s stock, valued at approximately $143,000. Northern Trust Corp owned 0.17% of Cypress Energy Partners at the end of the most recent quarter. Hedge funds and other institutional investors own 1.15% of the company’s stock.
Cypress Energy Partners Company Profile
Cypress Energy Partners, L.P. provides pipeline inspection and integrity, and environmental services in North America. It operates in three segments: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES). The PIS segment offers independent inspection services for various facilities and equipment, such as transmission pipelines, oil and natural gas gathering systems, pump and compressor stations, storage facilities and terminals, and gas distribution systems.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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