Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Martin Midstream Partners LP (NASDAQ: MMLP) closed at $3.48 down -3.33% from its previous closing price of $3.60. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 65068.0 shares were traded. MMLP stock price reached its highest trading level at $3.59 during the session, while it also had its lowest trading level at $3.46.
Ratios:
For a deeper understanding of Martin Midstream Partners LP’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.13.
Stifel Downgraded its Buy to Hold on April 28, 2017, while the target price for the stock was maintained at $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 18 ’24 when BOOTH CHRIS H bought 0 shares for $3.99 per share. The transaction valued at 1 led to the insider holds 25,850 shares of the business.
TAUSCHER RANDALL bought 17 shares of MMLP for $68 on Nov 18 ’24. The Executive Vice President/COO now owns 118,216 shares after completing the transaction at $3.99 per share. On Nov 18 ’24, another insider, Taylor Sharon L, who serves as the Executive Vice President / CFO of the company, bought 19 shares for $3.99 each. As a result, the insider paid 75 and bolstered with 23,342 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMLP now has a Market Capitalization of 135723824 and an Enterprise Value of 622625792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19. Its current Enterprise Value per Revenue stands at 0.88 whereas that against EBITDA is 5.846.
Stock Price History:
The Beta on a monthly basis for MMLP is 2.09, which has changed by 0.43209875 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, MMLP has reached a high of $4.13, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is -5.74%, while the 200-Day Moving Average is calculated to be -3.33%.
Shares Statistics:
For the past three months, MMLP has traded an average of 118.25K shares per day and 75410 over the past ten days. A total of 39.00M shares are outstanding, with a floating share count of 27.31M. Insiders hold about 29.99% of the company’s shares, while institutions hold 41.63% stake in the company. Shares short for MMLP as of 1738281600 were 150642 with a Short Ratio of 1.27, compared to 1735603200 on 73314. Therefore, it implies a Short% of Shares Outstanding of 150642 and a Short% of Float of 0.72000003.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 6.64.
