Short Term Rating on Emerge Energy Services LP (EMES)

Emerge Energy Services LP (EMES) : The consensus on Emerge Energy Services LP (EMES) based on 7 analyst recommendation on the company stock is 2.71, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Emerge Energy Services LP (EMES) : 4 investment research analysts covering Emerge Energy Services LP (EMES) have an average price target of $9.18 for the near short term. The highest target price given by the Brokerage Firm to the stock is $14 and the lowest target is $4 for the short term. Analysts expect the variance to be within $4.69 of the average price.

Company shares have received an average consensus rating of Hold for the current week


Emerge Energy Services LP (NYSE:EMES): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.30 and $11.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.92, notching a gain of 7.00% for the day. The total traded volume was 1,008,578 . The stock had closed at $11.14 on the previous day.

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).

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