Southcross Energy Partners (NYSE:SXE) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Friday.
A number of other equities research analysts also recently weighed in on SXE. Zacks Investment Research downgraded Southcross Energy Partners from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. Raymond James Financial raised Southcross Energy Partners from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 2nd.
Southcross Energy Partners (NYSE SXE) traded up $0.07 on Friday, hitting $1.70. The stock had a trading volume of 69,067 shares, compared to its average volume of 182,245. Southcross Energy Partners has a 52 week low of $1.20 and a 52 week high of $4.74. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.06 and a quick ratio of 1.06.
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Southcross Energy Partners Company Profile
Southcross Energy Partners, L.P. provides natural gas gathering, processing, treating, compression and transportation services and natural gas liquid (NGL) fractionation and transportation services. The Company also sources, purchases, transports and sells natural gas and NGLs. Its assets are located in South Texas, Mississippi and Alabama As of December 31, 2016, its assets consisted of gathering systems, intrastate pipelines, two natural gas processing plants, one fractionation facility, 20 compressor stations and a treating system.
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