Traders Sell Shares of Cheniere Energy Partners LP (CQP) on Strength (CQP)
Investors sold shares of Cheniere Energy Partners LP (NYSE:CQP) on strength during trading hours on Friday. $3.00 million flowed into the stock on the tick-up and $106.51 million flowed out of the stock on the tick-down, for a money net flow of $103.51 million out of the stock. Of all equities tracked, Cheniere Energy Partners had the 0th highest net out-flow for the day. Cheniere Energy Partners traded up $0.27 for the day and closed at $27.25
A number of equities research analysts have commented on CQP shares. US Capital Advisors raised shares of Cheniere Energy Partners to a “buy” rating in a report on Thursday, September 8th. Barclays PLC restated an “overweight” rating and set a $32.00 target price (down from $36.00) on shares of Cheniere Energy Partners in a research report on Tuesday, September 6th. Finally, Wolfe Research began coverage on shares of Cheniere Energy Partners in a research report on Wednesday, June 22nd. They set an “outperform” rating on the stock.
The stock’s 50-day moving average price is $27.17 and its 200-day moving average price is $28.48. The firm’s market cap is $9.21 billion.
Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings results on Tuesday, August 9th. The company reported ($0.21) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.38) by $0.17. The company earned $176.03 million during the quarter, compared to analyst estimates of $145.50 million. During the same period last year, the firm earned ($0.01) EPS. Analysts anticipate that Cheniere Energy Partners LP will post $0.08 earnings per share for the current year.
Cheniere Energy Partners Company Profile
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