Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) : PEG Ratio At -0.14

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Thomson Reuters, a fabulous research group, stated a price target of $6.70 on Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) shares. After exploring various basics, EPS is foretold to come at $-3.09 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

The P/E ratio of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) stands at N/A. The second constituent that analysts assess is Price/Earnings Growth ratio. Shares with lower PEG ratio are favored by investors. For Calumet Specialty Products Part, this ratio for approaching years is -0.14.

Possibly one of the most usually applied stock valuation mechanism is the ‘price-to-earnings’ ratio. This everlasting prophesier of proceeds has been useful for ages for market forecasters and still prevails to be one of the significant tools of valuation. A P/E can disclose the equity’s latest market value and its evaluation in contrast to industry group or an identified benchmark. Investors will find that a knowledge of this term is precious in correctly connecting to other participating specialists.

For example, a business owner generates $20,000 in profit yearly, and she is planning to sell shop for $400,000. The quoted price is $400,000, so P/E ratio of her business is 400,000/20,000 = 20. This figure by itself isn’t accommodating unless there is comparative factor to equate it to. A shared contrast could be to the business’s industry group, a standard index, the past P/E, and the same. It is careful to match the P/E ratio by its predicted growth rate in disbursements and/or incomes.

Technical Analysis

Calumet Specialty Products Part technical valuation displays it is trading $-1.12 points away or -22.36% from 50-day moving average of $5.02. It is trading $-1.35 or -25.73% away 200-day MA of $5.25.

The 52-week high of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) was $27.88 while lowest point was $3.42. If stock surges over $-23.98, it will best point of 52-week. On decline of +14.04% stock will bottom to 52-week low.

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