TheStreet upgraded Sprague Resources LP (NYSE:SRLP) to Hold in a report released today.
- Updated: October 1, 2016
TheStreet has upgraded Sprague Resources LP (NYSE:SRLP) to Hold in a report released on 09/28/2016.
On 9/09/2016, FBR & Co reported on Sprague Resources LP (NYSE:SRLP) increased the target price from $0.00 to $35.00 that suggested an upside of 0.43%.
Displaying a price of $23.89, Sprague Resources LP (NYSE:SRLP) traded 0.00% even on the day. With the last stock price close up 2.13% from the 200-day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. SRLP has recorded a 50-day moving average of $24.12 and a 200-day moving average of $23.20. 10,703 shares of Sprague Resources LP exchanged hands, down from an avg. volume of 21,984
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Sprague Resources LP has 52 week low of $15.55 and a 52 week high of $26.00 with a P/E ratio of 9.02 and has a market cap of $0.
General Information About Sprague Resources LP (NYSE:SRLP)
Sprague Resources LP is engaged in the purchase, storage, distribution and sale of refined products and natural gas, and provides storage and handling services for a range of materials. The Company operates through four segments: refined products, natural gas, materials handling and other operations. Its refined products segment purchases a range of refined products, such as heating oil, diesel fuel, residual fuel oil, asphalt, kerosene, jet fuel and gasoline from refining companies, trading organizations and producers, and sells them to its customers. Its natural gas segment purchases, sells and distributes natural gas to commercial and industrial customers in the Northeast and Mid-Atlantic United States. Its materials handling segment offloads, stores and prepares for delivery a range of customer-owned products, including asphalt, clay slurry, salt and gypsum. The Company's other operations segment includes sale of coal and commercial trucking activity.
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