Analyst Revises Rose Rock Midstream, L.P. (NYSE:RRMS) Stock Target


Rose Rock Midstream, L.P. (NYSE:RRMS) mean price target has been set at $27.1700 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.1500 in the near-term quarter and $1.1300 for the ongoing fiscal. The market cap of Rose Rock Midstream, L.P. Commo was recorded at $936.75M after the stock closed at $25.2100 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Rose Rock Midstream, L.P. (NYSE:RRMS) has a P/E ratio of 29.2967. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Rose Rock Midstream, L.P. (NYSE:RRMS) PEG ratio sits at 4.4600. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Rose Rock Midstream, L.P. Commo visibly illustrates that the 50-day MA of Rose Rock Midstream, L.P. Commo is $24.7059, and stock is trading $0.7236 points away or +2.9289% from its 50-day moving average of $24.7059. Further it is trading $5.3221 or +26.4684% away its 200-day moving average of $20.1074. Rose Rock Midstream, L.P. (NYSE:RRMS) 52-week high is $32.4400 and the 52-week low is $6.6700. This represents that if the stock moves $-7.0105 points up on the chart to it will make a 52-week high. But, if it declines +281.2519%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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