Emerge Energy Services LP (NYSE:EMES) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 3 by 7 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. DA Davidson downgrades its view on Emerge Energy Services LP (NYSE:EMES) according to the research report released by the firm to its investors. The shares have now been rated Underperform by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on June 13, 2016.
Emerge Energy Services LP (NYSE:EMES): 3 analysts have set the short term price target of Emerge Energy Services LP (NYSE:EMES) at $5.9. The standard deviation of short term price target has been estimated at $2.76, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 9 and $4 respectively.
Emerge Energy Services LP (NYSE:EMES) rose 3.41% or 0.36 points on Tuesday and made its way into the gainers of the day. After trading began at $10.43 the stock was seen hitting $11.0956 as a peak level and $10.21 as the lowest level. The stock ended up at $10.93. The daily volume was measured at 904,720 shares. The 52-week high of the share price is $40.25 and the 52-week low is $1.97. The company has a market cap of $264 million.
Shares of Emerge Energy Services LP rose by 15.91% in the last five trading days and 176.01% for the last 4 weeks. Emerge Energy Services LP is up 112.65% in the last 3-month period. Year-to-Date the stock performance stands at 136.07%.
Emerge Energy Services LP (Emerge) owns, operates, acquires and develops a diversified portfolio of energy service assets. The Company operates in segments: Sand segment and Fuel segment. Through its Sand segment, the Company is engaged in the businesses of mining, processing, and distributing silica sand, a key input for the hydraulic fracturing of oil and natural gas wells. Its Fuel segment processes transmix, distributes refined motor fuels and renewable fuels, operates bulk motor fuel storage terminals, and provides complementary services. The Company We conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS) and its Fuel operations through its subsidiaries Direct Fuels LLC (Direct Fuels), Allied Energy Company LLC (AEC) and Emerge Energy Distributors Inc. (Distributor).