The stock is trading at $7.28 which is slightly below $7.72, the stock’s 50 day moving average and a bit lower than the 200 day moving average of $7.52. The 50 day moving average went down by -5.72% and the 200 day average went down by -3.25%. 34K shares changed hands by the end of trading on Tuesday. Volume was up 109.12% over the stocks average daily volume.
Traders are a little more bullish on Cypress Energy Partners, L.P. C of late considering the downtick in short interest. The firm experienced a fall in short interest of -32.94% as of October 13, 2017 from the last reporting period. Short interest fell 15,134 over that period. With short interest at 30,805 and short average daily volume at 7,936, days to cover is 4.0 and the short interest percentage is 0.00% as of October 13.
The following firms have recently changed their position in CELP. Pnc Financial Services Group, Inc. added to its position by buying 50 shares an increase of 8.3% in the quarter. Pnc Financial Services Group, Inc. owns 650 shares worth $5,000. The total value of its holdings decreased 16.7%. As of quarter end Wells Fargo & Company/mn had acquired a total of 1,499 shares growing its holdings by 149,900.0%. The value of the investment in (CELP) went from $0 to $11,000 a change of $11,000 quarter to quarter.
As of the end of the quarter Royal Bank Of Canada had sold 2,550 shares trimming its position 92.7%. The value of the investment in Cypress Energy Partners, L.P. C decreased from $25,000 to $1,000 decreasing 96.0% for the reporting period. As of quarter end Raymond James & Associates had sold a total of 1,800 shares trimming its stake by 13.2%. The value of the total investment in Cypress Energy Partners, L.P. C decreased from $124,000 to $88,000 a change of 29.0% quarter over quarter.
The company is unchanged by % since yesterday’s close of $7.28. Cypress Energy Partners, L.P. C recently declared a dividend for shareholders paid on Monday August 14th, 2017. The dividend was $0.210 per share for the quarter which is $0.84 annualized. The dividend yield was $11.60. The ex-dividend date was set for Thursday the 3rd of August 2017.
The P/E ratio is currently 20.22 and market capitalization is 86.50M. As of the last earnings report the EPS was $0.36 and is estimated to be $0.42 for the current year with 11,882,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.12 with next year’s EPS projected to be $0.40.
Cypress Energy Partners, L.P., launched on October 19, 2013, is a limited partnership company, which serves energy companies throughout North America. The Company provides independent pipeline inspection and integrity services to producers and pipeline companies and water and environmental services with salt water disposal (SWD) facilities to the United States onshore oil and natural gas producers and trucking companies. The Company operates through three segments: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES)..