Media headlines about CSI Compressco (NASDAQ:CCLP) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CSI Compressco earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 45.4752831409226 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of CSI Compressco (NASDAQ CCLP) traded down $0.30 during trading hours on Friday, reaching $7.00. The company’s stock had a trading volume of 280,872 shares, compared to its average volume of 152,538. The stock has a market capitalization of $264.33, a PE ratio of -5.60 and a beta of 2.05. The company has a debt-to-equity ratio of 4.92, a current ratio of 1.75 and a quick ratio of 0.98. CSI Compressco has a fifty-two week low of $4.12 and a fifty-two week high of $13.54.
Several research firms recently commented on CCLP. Stifel Nicolaus reaffirmed a “hold” rating and set a $5.00 price objective on shares of CSI Compressco in a research report on Friday, November 3rd. ValuEngine raised CSI Compressco from a “strong sell” rating to a “sell” rating in a research report on Monday, October 2nd. Zacks Investment Research cut CSI Compressco from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $6.00 target price (up from $5.00) on shares of CSI Compressco in a research report on Thursday, November 9th. Three equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $5.33.
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About CSI Compressco
CSI Compressco LP is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers.
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