Genesis Energy (NYSE:GEL – Get Free Report) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.
Genesis Energy Price Performance
NYSE GEL traded down $0.48 on Monday, hitting $12.88. The company had a trading volume of 885,257 shares, compared to its average volume of 371,358. The company has a market capitalization of $1.58 billion, a PE ratio of 37.87 and a beta of 2.11. The company’s fifty day moving average price is $13.71 and its 200-day moving average price is $12.43. The company has a debt-to-equity ratio of 4.39, a current ratio of 1.05 and a quick ratio of 0.90. Genesis Energy has a 12-month low of $8.05 and a 12-month high of $15.17.
Genesis Energy (NYSE:GEL – Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The pipeline company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.22). Genesis Energy had a net margin of 2.34% and a return on equity of 8.12%. The firm had revenue of $756.26 million during the quarter. During the same period in the prior year, the company earned $0.22 earnings per share.
Hedge Funds Weigh In On Genesis Energy
About Genesis Energy
Genesis Energy, L.P. provides integrated suite of midstream services in crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation, Soda and Sulfur Services, Marine Transportation, and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as deep water pipeline servicing.
Read More
- Five stocks we like better than Genesis Energy
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- From Tokyo to Wall Street: Japan’s Market Impact on U.S. Stocks
- Where to Find Earnings Call Transcripts
- Arm Holdings: Does the 42% Drop Signal an AI Buying Opportunity?
- How to Use the MarketBeat Stock Screener
- Texas Roadhouse Stampedes On EPS Beat as Comp Sales Surge 9.3%
Receive News & Ratings for Genesis Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesis Energy and related companies with MarketBeat.com's FREE daily email newsletter.