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Shares of New Source Energy Partners LP (NASDAQ:NSLP) hit a new 52-week high during trading hours on Wednesday, Stock Ratings News reports. The company traded as high as $24.35 and last traded at $24.35, with a volume of 20,029 shares trading hands. The stock had previously closed at $23.98.

A number of analysts have recently weighed in on NSLP shares. Analysts at Zacks downgraded shares of New Source Energy Partners LP from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, December 12th. They now have a $21.80 price target on the stock. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. New Source Energy Partners LP currently has a consensus rating of “Buy” and a consensus target price of $23.20.

New Source Energy Partners LP has a 52-week low of $19.19 and a 52-week high of $24.44. The stock has a 50-day moving average of $23.06 and a 200-day moving average of $21.57. The company has a market cap of $276.3 million and a price-to-earnings ratio of 374.69.

New Source Energy Partners LP (NASDAQ:NSLP) last announced its earnings results on Thursday, November 14th. The company reported ($0.22) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.36 by $0.58. Analysts expect that New Source Energy Partners LP will post $0.52 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a dividend of 0.575 per share. This represents a $2.30 annualized dividend and a dividend yield of 9.43%. The ex-dividend date is Wednesday, January 29th.

New Source Energy Partners L.P. is engaged in the acquiring oil and natural gas properties in the United States.

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