Martin Midstream Partners (MMLP) Upgraded by BidaskClub to “Buy”
Martin Midstream Partners (NASDAQ:MMLP) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report released on Friday.
Other equities analysts have also issued research reports about the stock. ValuEngine raised shares of Martin Midstream Partners from a “hold” rating to a “buy” rating in a research note on Friday, March 1st. Zacks Investment Research lowered shares of Martin Midstream Partners from a “hold” rating to a “sell” rating in a research note on Saturday, February 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Martin Midstream Partners has a consensus rating of “Hold” and an average target price of $15.50.
Martin Midstream Partners stock opened at $12.68 on Friday. Martin Midstream Partners has a 52 week low of $9.13 and a 52 week high of $16.20. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.91 and a quick ratio of 1.07. The company has a market capitalization of $495.15 million, a P/E ratio of -66.74 and a beta of 1.29.
About Martin Midstream Partners
Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company's Terminalling and Storage segment owns or operates 22 marine shore-based terminal facilities and 16 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products.
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