Press coverage about Martin Midstream Partners (NASDAQ:MMLP) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Martin Midstream Partners earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the pipeline company an impact score of 45.0058372734721 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

A number of analysts have recently issued reports on the company. BidaskClub lowered Martin Midstream Partners from a “sell” rating to a “strong sell” rating in a report on Saturday, December 30th. B. Riley set a $18.00 target price on Martin Midstream Partners and gave the company a “buy” rating in a report on Wednesday. Zacks Investment Research upgraded Martin Midstream Partners from a “sell” rating to a “hold” rating in a report on Wednesday. Royal Bank of Canada restated a “hold” rating and issued a $18.00 target price on shares of Martin Midstream Partners in a report on Friday, October 27th. Finally, Stifel Nicolaus reduced their target price on Martin Midstream Partners from $19.00 to $17.00 and set a “hold” rating for the company in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. Martin Midstream Partners has a consensus rating of “Hold” and a consensus target price of $19.33.

Martin Midstream Partners (NASDAQ MMLP) traded down $0.10 on Friday, hitting $14.55. The stock had a trading volume of 75,524 shares, compared to its average volume of 238,270. The stock has a market capitalization of $559.40, a price-to-earnings ratio of 31.63 and a beta of 1.49. Martin Midstream Partners has a one year low of $12.70 and a one year high of $20.90. The company has a debt-to-equity ratio of 2.78, a current ratio of 2.04 and a quick ratio of 0.86.

In other Martin Midstream Partners news, CFO Robert D. Bondurant bought 2,000 shares of Martin Midstream Partners stock in a transaction dated Tuesday, November 14th. The stock was bought at an average price of $13.58 per share, for a total transaction of $27,160.00. Following the completion of the acquisition, the chief financial officer now directly owns 39,314 shares of the company’s stock, valued at $533,884.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Ruben S. Martin bought 5,000 shares of Martin Midstream Partners stock in a transaction dated Tuesday, November 14th. The stock was acquired at an average price of $13.61 per share, with a total value of $68,050.00. Following the acquisition, the insider now directly owns 140,598 shares of the company’s stock, valued at $1,913,538.78. The disclosure for this purchase can be found here. Insiders bought 8,079 shares of company stock valued at $110,178 in the last 90 days. Corporate insiders own 17.00% of the company’s stock.

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About Martin Midstream Partners

Martin Midstream Partners L.P. is a limited partnership with a set of operations focused in the United States Gulf Coast region. The Company’s four business lines include terminalling and storage services for petroleum products and by-products, including the refining of naphthenic crude oil and the blending and packaging of finished lubricants; natural gas services, including liquids transportation and distribution services, and natural gas storage; sulfur and sulfur-based products processing, manufacturing, marketing and distribution, and marine transportation services for petroleum products and by-products.

Insider Buying and Selling by Quarter for Martin Midstream Partners (NASDAQ:MMLP)

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