The leading market experts have placed a mean price target of $7.40 on Blueknight Energy Partners L.P., L.L.C. (NASDAQ:BKEP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $-0.02 a share for the upcoming quarter and $-0.33 for the current fiscal.
The technical analysis of Blueknight Energy Partners L.P. plainly substantiates that the 50-day moving average of Blueknight Energy Partners L.P. is $5.74, and stock is trading $0.17 points away or +3.02% from its 50-day moving average of $5.74. Further it is trading $0.75 or +14.60% away its 200-day moving average of $5.16. Blueknight Energy Partners L.P., L.L.C. (NASDAQ:BKEP) 52-week high is $7.17 and the 52-week low is $3.81.
This explains if the stock moves $-1.26, it will post a 52-week high. In event of +55.12% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Blueknight Energy Partners L.P., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Blueknight Energy Partners L.P., L.L.C. (NASDAQ:BKEP) ratio came in at N/A.
The stock last ended the trading session at $5.91 and registered a market cap of $218.96M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Blueknight Energy Partners L.P., L.L.C. (NASDAQ:BKEP) PEG ratio is at -0.38.
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