Cheniere Energy Partners LP Holdings LLC (CQH) : Traders are bullish on Cheniere Energy Partners LP Holdings LLC (CQH) as it has outperformed the S&P 500 by a wide margin of 11.96% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.99%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.16% in the last 1 week, and is up 11.36% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 8.59% and the 50-Day Moving Average is 11%.The 200 Day SMA reached 23.96%
Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH): After opening at $22.01, the stock dipped to an intraday low of $21.84 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $22.84 and the buying power remained strong till the end. The stock closed at $22.74 for the day, a gain of 6.96% for the day session. The total traded volume was 1,855,025. The stocks close on the previous trading day was $22.74.
Cheniere Energy Partners LP Holdings LLC (CQH) : The most positive equity analysts on Cheniere Energy Partners LP Holdings LLC (CQH) expects the shares to touch $30, whereas, the least positive believes that the stock will trade at $20 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $26.6 with an expected fluctuation of $4.1 from the mean.
Cheniere Energy Partners LP Holdings, LLC is a limited liability company. The Companys business consists of owning Cheniere Partners limited partner units. The Company owns 11,963,488 common units, which are entitled to quarterly cash distributions from Cheniere Partners. It also own 135,383,831 subordinated units. Cheniere Partners owns and operates the LNG regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal through its wholly owned subsidiary, Sabine Pass LNG, L.P. (Sabine Pass LNG). Cheniere Partners also owns the 94-mile Creole Trail Pipeline through its wholly owned subsidiary, Cheniere Creole Trail Pipeline, L.P. (CTPL), which interconnects the Sabine Pass LNG terminal with a number of interstate pipelines. As of December 31, 2014, the Company owned a 55.9% limited partner interest in Cheniere Partners. In addition, the Company owned a non-economic voting interest in GP Holdco. The Company also own 45,333,334 Class B units.