New Source Energy Partners LP Hits New 52-Week High at $21.42 (NSLP)
Shares of New Source Energy Partners LP (NASDAQ:NSLP) hit a new 52-week high on Wednesday, AnalystRatings.NET reports. The company traded as high as $21.42 and last traded at $21.30, with a volume of 38,817 shares trading hands. The stock had previously closed at $21.04.
Separately, analysts at Oppenheimer initiated coverage on shares of New Source Energy Partners LP in a research note to investors on Monday, August 19th. They set an “outperform” rating and a $23.00 price target on the stock. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $23.60.
New Source Energy Partners LP has a 52-week low of $19.19 and a 52-week high of $21.29. The stock has a 50-day moving average of $20.27 and a 200-day moving average of $20.42. The company has a market cap of $195.0 million and a P/E ratio of 110.16.
New Source Energy Partners LP (NASDAQ:NSLP) last released its earnings data on Wednesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.43. Analysts expect that New Source Energy Partners LP will post $1.40 EPS for the current fiscal year.
New Source Energy Partners L.P. is engaged in the acquiring oil and natural gas properties in the United States.
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