Rentech Nitrogen Partners, L.P. (NYSE:RNF) has a mean price target of $12.56 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.00 a share for the very next quarter and $1.50 for this year.
The technical study of Rentech Nitrogen Partners, L.P. demonstrates that the 50-day moving average of Rentech Nitrogen Partners, L.P. (NYSE:RNF) stock is $10.02, and is trading $1.39 points away or +13.88% from 50-day moving average of $10.02. It is trading $1.11 or +10.73% away 200-day moving average of $10.30.
The 52-week high of Rentech Nitrogen Partners, L.P. (NYSE:RNF) was $16.00 while $6.66 is the low mark in the same period. It state Rentech Nitrogen Partners, L.P. share price has to surge more than $-4.59 to hit 52-week high or drop +71.32% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Rentech Nitrogen Partners, L.P., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Rentech Nitrogen Partners, L.P. (NYSE:RNF) ratio came in at N/A, after dividing current equity price by yearly earnings. Rentech Nitrogen Partners, L.P. stock recorded a close of $11.41 in last trading session, registering a market cap of $N/A.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Rentech Nitrogen Partners, L.P. (NYSE:RNF) PEG ratio is at 0.00.
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