I recommend waiting for a better discount before investing in Evolve Transition Infrastructure LP (SNMP).

After finishing at $0.23 in the prior trading day, Evolve Transition Infrastructure LP (AMEX: SNMP) closed at $0.24, up 5.26%. In other words, the price has increased by $+0.0121 from its previous closing price. On the day, 3591761 shares were traded. SNMP stock price reached its highest trading level at $0.2845 during the session, while it also had its lowest trading level at $0.2000.

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Ratios:

Our goal is to gain a better understanding of SNMP by taking a closer look at its different ratios.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92.

Stock Price History:

Over the past 52 weeks, SNMP has reached a high of $1.25, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is 0.1700, while the 200-Day Moving Average is calculated to be 0.3550.

Shares Statistics:

The stock has traded on average 376.41K shares per day over the past 3-months and 510.98k shares per day over the last 10 days, according to various share statistics. A total of 173.67M shares are outstanding, with a floating share count of 2.02M. Insiders hold about 15.19% of the company’s shares, while institutions hold 87.30% stake in the company. Shares short for SNMP as of Oct 13, 2022 were 795.31k with a Short Ratio of 0.09M, compared to 1.38M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.46% and a Short% of Float of 1.38%.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.53. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.