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ValuEngine downgraded Rice Midstream Partners LP (NYSE:RMP) to Hold in a report released today.

Just yesterday Rice Midstream Partners LP (NYSE:RMP) traded 0.00% even at $17.98. RMP’s 50-day average is $20.39 and its two hundred day average is $22.81. With the last close down -7.18% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 741,108 shares of the stock were exchanged, up from an avg. volume of 656,189

ValuEngine has downgraded Rice Midstream Partners LP (NYSE:RMP) to Hold in a statement released on Tuesday June 20, 2017.

Performance Chart

Rice Midstream Partners LP (NYSE:RMP)

Rice Midstream Partners LP has a one year low of $16.87 and a one year high of $26.42 with a price-earnings ratio of 14.98 Rice Midstream Partners LP’s market capitalization is currently $0.

Also covering Rice Midstream Partners LP's price target, a total of 12 equity analysts have released a ratings update on RMP. The one year target is $21.46 with 0 brokers rating the stock a strong buy, 0 firms rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Rice Midstream Partners LP (NYSE:RMP)

Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company's segments are gathering and compression, and water services. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc. (Rice Energy) and third parties in the Appalachian Basin. The water services segment provides water services to support well completion activities, and to collect and recycle or dispose of flowback and produced water for Rice Energy and third parties in the Appalachian Basin. Its gas gathering and compression assets are located within the dry gas core of the Marcellus Shale and, consists of approximately 3.3 million dekatherms per day (MMDth/d) high-pressure dry gas gathering system and associated compression in Washington County, Pennsylvania, and an approximately 840 thousand dekatherms per day (MDth/d) high-pressure dry gas gathering system in Greene County, Pennsylvania.

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