Evolve Transition Infrastructure (NYSE:SNMP) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Evolve Transition Infrastructure (NYSE:SNMPGet Rating) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Shares of NYSE:SNMP opened at $0.39 on Thursday. The stock has a market cap of $58.76 million, a PE ratio of -0.13 and a beta of -0.21. The stock has a fifty day simple moving average of $0.57. Evolve Transition Infrastructure has a 52 week low of $0.30 and a 52 week high of $1.93.

About Evolve Transition Infrastructure (Get Rating)

Evolve Transition Infrastructure LP, together with its subsidiaries, engages in the acquisition, development, ownership, and operation of infrastructure for the transition of energy supply to lower carbon sources in the United States. The company engages in gathering, processing, and transporting natural gas, NGLs, and crude oil.

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