PetroLogistics LP (PDH) Set to Announce Earnings on Thursday
PetroLogistics LP (NYSE:PDH) will be posting its Q4 quarterly earnings results on Thursday, February 6th. Parties that are interested in participating in the company’s conference call can do so using this link.
Shares of PetroLogistics LP (NYSE:PDH) opened at 11.51 on Wednesday. PetroLogistics LP has a one year low of $10.37 and a one year high of $16.95. The stock’s 50-day moving average is $11.57 and its 200-day moving average is $12.04. The company has a market cap of $1.602 billion and a price-to-earnings ratio of 5.34.
On the ratings front, analysts at Morgan Stanley downgraded shares of PetroLogistics LP from an “overweight” rating to an “equal weight” rating in a research note to investors on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $15.30.
PetroLogistics LP owns and operates propane dehydrogenation (NYSE:PDH) facility.
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