The leading market experts have placed a mean price target of $12.56 on Rentech Nitrogen Partners, L.P. (NYSE:RNF) 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 $0.00 a share for the upcoming quarter and $1.50 for the current fiscal.
The technical analysis of Rentech Nitrogen Partners, L.P. plainly substantiates that the 50-day moving average of Rentech Nitrogen Partners, L.P. is $10.02, and stock is trading $1.39 points away or +13.88% from its 50-day moving average of $10.02. Further it is trading $1.11 or +10.73% away its 200-day moving average of $10.30. Rentech Nitrogen Partners, L.P. (NYSE:RNF) 52-week high is $16.00 and the 52-week low is $6.66.
This explains if the stock moves $-4.59, it will post a 52-week high. In event of +71.32% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Rentech Nitrogen 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, Rentech Nitrogen Partners, L.P. (NYSE:RNF) ratio came in at N/A.
The stock last ended the trading session at $11.41 and registered a market cap of $N/A. 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. Rentech Nitrogen Partners, L.P. (NYSE:RNF) PEG ratio is at 0.00.
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