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ValuEngine downgraded Southcross Energy Partners LP (NYSE:SXE) to Sell in a report released today.

Yesterday Southcross Energy Partners LP (NYSE:SXE) traded -0.45% lower at $2.65. The company’s 50-day moving average is $2.50 and its 200-day moving average is $3.30. The last stock close price is down -33.56% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 35,310 shares of the stock were exchanged, down from an average trading volume of 103,981

ValuEngine has downgraded Southcross Energy Partners LP (NYSE:SXE) to Sell in a report released on 6/21/2017.

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Southcross Energy Partners LP (NYSE:SXE)

Southcross Energy Partners LP has a 52 week low of $1.10 and a 52 week high of $4.74 The company’s market cap is currently $0.

In addition to ValuEngine reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $1.67 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 5 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Southcross Energy Partners LP (NYSE:SXE)

Southcross Energy Partners, L.P. provides natural gas gathering, processing, treating, compression and transportation services and natural gas liquid (NGL) fractionation and transportation services. The Company also sources, purchases, transports and sells natural gas and NGLs. Its assets are located in South Texas, Mississippi and Alabama As of December 31, 2016, its assets consisted of gathering systems, intrastate pipelines, two natural gas processing plants, one fractionation facility, 20 compressor stations and a treating system. Its gathering systems and intrastate pipelines include South Texas and Mississippi/Alabama. The assets in its South Texas region are located between Montgomery County, which is north of Houston, and Webb and Dimmit Counties near the Texas-Mexico border. The assets in its Mississippi region are located principally in the southern half of the state and consist of intrastate pipeline system in Mississippi.

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