CSI Compressco LP (NASDAQ:CCLP) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 19, 2016
Zacks Investment Research has downgraded CSI Compressco LP(NASDAQ:CCLP) to Sell in a report released on 9/19/2016.
On 7/29/2015, JP Morgan released a statement about CSI Compressco LP(NASDAQ:CCLP) lowered the target price from $23.00 to $21.00 that indicated a possible upside of 0.37%.
Just yesterday CSI Compressco LP (NASDAQ:CCLP) traded 4.19% lower at $9.61. CCLP’s 50-day average is $9.45 and its two hundred day average is $8.16. With the last close up 17.80% from the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time period. 74,597 shares of CCLP traded, up from ann avg. volume of 68,272.
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CSI Compressco LP has a 52 week low of $3.74 and a 52 week high of $15.27 and has a market cap of $0.0.
More About CSI Compressco LP (NASDAQ:CCLP)
CSI Compressco LP, formerly Compressco Partners, L.P., is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers. It provides these compression services and equipment to a base of natural gas and oil exploration and production, midstream and transmission companies operating throughout many of the onshore producing regions of the United States, as well as in a number of foreign countries, including Mexico, Canada and Argentina. It is a service provider of natural gas compression services in the United States, utilizing its fleet of compressor packages that employs a spectrum of low-, and medium- and high-horsepower engines.
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