StockNews.com started coverage on shares of Evolve Transition Infrastructure (NYSE:SNMP – Free Report) in a research note published on Monday morning. The brokerage issued a hold rating on the stock.
Evolve Transition Infrastructure Stock Performance
SNMP stock opened at $1.57 on Monday. The firm has a fifty day simple moving average of $1.99. Evolve Transition Infrastructure has a fifty-two week low of $0.14 and a fifty-two week high of $297.00. The stock has a market capitalization of $13.27 million, a price-to-earnings ratio of -0.20 and a beta of 1.61.
Evolve Transition Infrastructure (NYSE:SNMP – Get Free Report) last posted its earnings results on Friday, August 11th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $6.04 million for the quarter.
About Evolve Transition Infrastructure
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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