Evolve Transition Infrastructure (NYSE:SNMP) Receives New Coverage from Analysts at StockNews.com

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

Shares of Evolve Transition Infrastructure stock opened at $0.46 on Friday. The firm’s 50-day simple moving average is $0.53. The firm has a market capitalization of $67.94 million, a P/E ratio of -0.15 and a beta of -0.21. Evolve Transition Infrastructure has a 1-year low of $0.30 and a 1-year high of $1.93.

Evolve Transition Infrastructure Company Profile (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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