Stock To Watch: KNOT Offshore Partners LP (NYSE:KNOP)


The leading market experts have placed a mean price target of $19.99 on KNOT Offshore Partners LP (NYSE:KNOP) 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 $0.45 a share for the upcoming quarter and $1.75 for the current fiscal. Technical View The technical analysis of KNOT Offshore Partners LP Commo plainly substantiates that the 50-day moving average of KNOT Offshore Partners LP Commo is $18.34, and stock is hovering 0.80 or +4.36% distant from $18.34. It is noted that the 200-day MA is $16.49, and KNOT Offshore Partners LP Commo stock is $2.65 or +16.08% off from this point. KNOT Offshore Partners LP (NYSE:KNOP) 52-week high is $20.00 and the 52-week low is $9.68. This explains if the stock moves $-0.86, it will post a 52-week high. In event of $+97.73% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of KNOT Offshore Partners LP Commo, 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, KNOT Offshore Partners LP (NYSE:KNOP) ratio came in at 11.78. The stock last ended the trading session at $19.14 and registered a market cap of $531.19M. 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. KNOT Offshore Partners LP (NYSE:KNOP) PEG ratio is at 8.23.

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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