Equities research analysts at StockNews.com initiated coverage on shares of Evolve Transition Infrastructure (NYSE:SNMP – Get Free Report) in a report issued on Tuesday. The brokerage set a “hold” rating on the stock.
Evolve Transition Infrastructure Trading Down 3.7 %
NYSE SNMP opened at $1.57 on Tuesday. Evolve Transition Infrastructure has a 1-year low of $0.14 and a 1-year high of $297.00. The company has a 50 day simple moving average of $1.88. The firm has a market capitalization of $13.27 million, a P/E ratio of -0.20 and a beta of 1.61.
Evolve Transition Infrastructure (NYSE:SNMP – Get Free Report) last released its quarterly earnings results on Friday, August 11th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $6.04 million for the quarter.
Institutional Investors Weigh In On Evolve Transition Infrastructure
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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