Share on StockTwits

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.