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Rose Rock Midstream LP (NYSE:RRMS) has been downgraded to Sell in a statement by Zacks Investment Research today.

Just yesterday Rose Rock Midstream LP (NYSE:RRMS) traded -3.28% lower at $26.35. Rose Rock Midstream LP’s 50-day moving average is $25.62 and its 200-day moving average is $21.61. The last stock price is up 21.62% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 303,459 shares of RRMS traded hands, up from an average trading volume of 123,422

Zacks Investment Research has downgraded Rose Rock Midstream LP (NYSE:RRMS) to Sell in a report released on 9/21/2016.

Previously on 05/10/2016, RBC Capital Markets released a statement about Rose Rock Midstream LP (NYSE:RRMS) increased the target price from $15.00 to $19.00. At the time, this indicated a possible upside of 0.09%.

Recent Performance Chart

Rose Rock Midstream LP (NYSE:RRMS)

Rose Rock Midstream LP has 52 week low of $6.67 and a 52 week high of $32.44 with a PE ratio of 30.28 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is $17.38 with 0 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 8 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Rose Rock Midstream LP (NYSE:RRMS)

Rose Rock Midstream, L.P. owns, operates, develops and acquires diversified portfolio of midstream energy assets. The Company is engaged in providing midstream energy related services, such as crude oil gathering, transportation, storage, distribution and marketing in Colorado, Kansas, Minnesota, Montana, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas and Wyoming. Its segments include Transportation, Facilities, and Supply and Logistics. Its Transportation segment operates crude oil pipelines and truck transportation businesses in the United States. Its Facilities segment operates crude oil storage and terminal businesses in the United States. Its Supply and Logistics segment operates a crude oil marketing and blending business in the United States. The Company operates in the Bakken Shale in North Dakota and Montana, the Denver-Julesburg Basin (DJ Basin) and the Niobrara Shale in the Rocky Mountain region, and the Granite Wash and Mississippi Lime Play in the Mid-Continent region.

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