CVR Partners, LP (NYSE:UAN)’s share price shot up 5.1% during trading on Friday . The company traded as high as $0.83 and last traded at $0.82. 1,125,438 shares traded hands during trading, an increase of 429% from the average session volume of 212,607 shares. The stock had previously closed at $0.78.

The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.16 and a current ratio of 2.19. The company has a market cap of $91.01 million, a price-to-earnings ratio of -0.85 and a beta of 1.31. The business has a fifty day moving average price of $0.74 and a 200 day moving average price of $0.88.

CVR Partners shares are going to reverse split on Tuesday, November 24th. The 1-10 reverse split was announced on Monday, November 2nd. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, November 23rd.

CVR Partners (NYSE:UAN) last posted its quarterly earnings results on Saturday, November 7th. The basic materials company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.16. CVR Partners had a negative return on equity of 17.02% and a negative net margin of 31.06%.

In other news, CEO Mark A. Pytosh bought 100,000 shares of the stock in a transaction on Thursday, November 5th. The stock was acquired at an average price of $0.64 per share, with a total value of $64,000.00. Following the acquisition, the chief executive officer now directly owns 205,932 shares in the company, valued at $131,796.48. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC boosted its position in shares of CVR Partners by 0.7% in the 2nd quarter. Barclays PLC now owns 9,104,597 shares of the basic materials company’s stock worth $7,739,000 after purchasing an additional 66,094 shares in the last quarter. UBS Group AG boosted its position in shares of CVR Partners by 2.0% in the 2nd quarter. UBS Group AG now owns 3,136,147 shares of the basic materials company’s stock worth $2,666,000 after purchasing an additional 61,762 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of CVR Partners by 2.9% in the 3rd quarter. Morgan Stanley now owns 1,455,761 shares of the basic materials company’s stock worth $1,263,000 after purchasing an additional 40,430 shares in the last quarter. 35.25% of the stock is owned by institutional investors.

CVR Partners Company Profile (NYSE:UAN)

CVR Partners, LP, together with its subsidiaries, produces and distributes nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors.

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