Evolve Transition Infrastructure LP (AMEX:SNMP) does about 334.70K shares in volume on a normal day but saw 2488475 shares change hands in Monday trading. The company now has a market cap of 39.94M USD. Its current market price is $0.23, marking an increase of 53.23% compared to the previous close of $0.15. The 52 week high reached by this stock is $1.25 whilst the lowest price level in 52 weeks is $0.10. The script in recent trading has seen the stock touch a high of $0.24 and a low of $0.15.
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Evolve Transition Infrastructure LP (SNMP) has a 20-day trading average at $0.1440 and the current price is -81.60% off the 52-week high compared with 120.73% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1700 and its 200-day simple moving average is $0.3550. If we look at the stock’s price movements over the week, volatility stands at 17.96%, which decreases to 15.88% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 73.32 to suggest the stock is overbought.
The median price target is 88.5% away from the current levels at $2.00.
The current price level is 63.91%, 35.42%, and -35.56% away from its SMA20, SMA50, and SMA200 respectively, with the SNMP price moving below the 50-day SMA on January 23. Evolve Transition Infrastructure LP (SNMP) stock is up 57.75% over the week and 70.37% over the past month. Its price is 91.67% year-to-date and -37.84% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2018, with the company’s earnings per share (EPS) of $0.33 above consensus estimates by $0.85. The company’s next earnings report is expected on 05/11/2023. In addition, estimates put the company’s current quarterly revenue at an average of $94.5 million.
Outstanding shares total 173.67M with insiders holding 22.97% of the shares and institutional holders owning 79.74% of the company’s common stock. Price to sales ratio is 0.88.
