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BidaskClub upgraded Hoegh LNG Partners LP (NASDAQ:HMLP) to Hold in a report released today.

BidaskClub has upgraded Hoegh LNG Partners LP (NASDAQ:HMLP) to Hold in a report released on 07/08/2017.

Yesterday Hoegh LNG Partners LP (NASDAQ:HMLP) traded -0.82% lower at $19.10. The company’s 50-day moving average is $19.13 and its 200-day moving average is $19.38. The last stock close price is down -6.36% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 43,655 shares of the stock were exchanged, down from an average trading volume of 49,348

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Hoegh LNG Partners LP (NASDAQ:HMLP)

Hoegh LNG Partners LP has a 52 week low of $17.05 and a 52 week high of $20.65 with a P/E ratio of 9.23 The company’s market cap is currently $0.

About Hoegh LNG Partners LP (NASDAQ:HMLP)

Hoegh LNG Partners LP owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company's segments include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long term time charters. The Company intends to acquire newbuilding FSRUs on long-term charters, rather than FSRUs based on retrofitted, first-generation LNG carriers. The PGN FSRU Lampung is located offshore in the Lampung province at the southeast coast of Sumatra, Indonesia.

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