RSI or Relative Strength Index is a momentum indicator that technical investors use along with other factors in trying to determine the short term direction of a stock. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days. The rating firm gave a Hold rating to this stock in a research note on April 4, 2016.
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The current rating of the shares is Overweight, according to the research report released by the firm. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company.
The company’s mean estimate for sales for the current quarter ending Jun 16 is 2.55B by 6 analysts. 409842 shares of the company are traded every day on an average. However the low revenue estimates for the company are $1.75 Billion versus high revenue estimates of $3.40 Billion.
Zacks calculated the highest estimated EPS for the company after a period of one year by adding the highest estimates for each of the coming four quarters. They now have a Dollars 50 price target on the stock.
Tallgrass Energy Partners, LP (NYSE:TEP) is a NYQ company traded publicly with 38644000 shares in the market. Taking a step further, investors can also look to a firm’s price to earnings growth or PEG ratio. The recent press release updated on the record date and payout date, which stands at 2016-02-05 and 2016-02-12, respectively. The standard deviation of the price targets stands at $3.535. The price of the company’s share at the previous session’s closing was $47.12 per share.
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The stock’s 50 day moving average is 8.77 and its 200 day moving average is 8.34. It operates through three segments: Pipeline Inspection Services (PIS), which provides independent inspection services to various energy, public utility and pipeline companies in both the United States and Canada; Integrity Services (IS), which provides hydrostatic testing services to natural gas and petroleum companies and pipeline construction companies of newly constructed and existing natural gas and petroleum pipelines, and Water and Environmental Services (W&ES), which provides SWD services to oil and natural gas producers and trucking companies. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from crude oil and natural gas production operations; disposal of solids, such as tank bottoms, drilling fluids, and performs truck washouts; and sale of recycled water and recovered hydrocarbons. The U.S. Transmission business primarily provides transmission, storage, and gathering of natural gas for customers in various regions of the northeastern and southeastern United States. The Refined Products/ Renewables segment markets business purchases gasoline and diesel fuel and renewables business, including ethanol marketing and biodiesel marketing businesses, purchases ethanol. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.
