Crestwood Equity Partners Director Sells $2,267,366 in Stock (CEQP)
Crestwood Equity Partners (NYSE:CEQP) Director John J. Sherman unloaded 149,760 shares of the stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $15.14, for a total transaction of $2,267,366.40. Following the transaction, the director now directly owns 16,100 shares in the company, valued at approximately $243,754. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Crestwood Equity Partners (NYSE:CEQP) traded up 1.06% on Monday, hitting $15.30. The stock had a trading volume of 287,364 shares. Crestwood Equity Partners has a 1-year low of $11.83 and a 1-year high of $16.31. The stock’s 50-day moving average is $14.68 and its 200-day moving average is $13.81. The company has a market cap of $2.854 billion and a price-to-earnings ratio of 104.41.
Crestwood Equity Partners (NYSE:CEQP) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.14 by $0.03. The company had revenue of $971.60 million for the quarter, compared to the consensus estimate of $810.65 million. Analysts expect that Crestwood Equity Partners will post $0.52 EPS for the current fiscal year.
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.