Marlin Midstream Partners Insider Amanda Bush Sells 1,538 Shares (FISH)
Marlin Midstream Partners (NASDAQ:FISH) Insider Amanda Bush sold 1,538 shares of the stock on the open market in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $18.75, for a total transaction of $28,837.50. Following the completion of the sale, the insider now directly owns 25,399 shares in the company, valued at approximately $476,231. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Marlin Midstream Partners (NASDAQ:FISH) traded down 0.27% during mid-day trading on Thursday, hitting $18.6896. The stock had a trading volume of 23,833 shares. Marlin Midstream Partners has a 52-week low of $15.93 and a 52-week high of $20.25. The stock’s 50-day moving average is $17.92 and its 200-day moving average is $17.54. The company has a market cap of $335.6 million and a P/E ratio of 20.85.
Marlin Midstream Partners (NASDAQ:FISH) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.03. The company had revenue of $18.80 million for the quarter, compared to the consensus estimate of $22.30 million. Analysts expect that Marlin Midstream Partners will post $1.15 EPS for the current fiscal year.
A number of analysts have recently weighed in on FISH shares. Analysts at Zacks upgraded shares of Marlin Midstream Partners from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $18.50 price target on the stock. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $21.13.
Marlin Midstream Partners, LP develops, owns, operates and acquires midstream energy assets. The Company provides natural gas gathering, transportation, treating and processing services and One million cubic feet (NASDAQ:FISH) transportation services, which it refer to as its midstream natural gas business, and crude oil transloading services, which it refer to as its crude oil logistics business.
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