Genesis Energy, L.P. s trend and data analysis indicates that the stock price has dropped -7.96% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -14.46% . Looking at the past 52 week period, the stock price is up at 0.46% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Genesis Energy, L.P. has a positive value of 11.88 compared to overall market.Genesis Energy, L.P. is having a Relative Strength Index of 33.2 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Genesis Energy, L.P. (NYSE:GEL) has tumbled 3.96% during the past week and has dropped 6.64% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.19%. Genesis Energy, L.P. (NYSE:GEL) has underperformed the index by 7.7% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Genesis Energy, L.P. (NYSE:GEL) stock ended Friday session in the red zone in a volatile trading. The stock closed down 1.33 points or 3.93% at $32.48 with 1,407,799 shares getting traded. Post opening the session at $33.84, the shares hit an intraday low of $32.42 and an intraday high of $33.84 and the price was in this range throughout the day. The company has a market cap of $3,832 million and the number of outstanding shares has been calculated to be 117,979,218 shares. The 52-week high of Genesis Energy, L.P. (NYSE:GEL) is $40.9 and the 52-week low is $28.5.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Genesis Energy L.P. was Downgraded by RBC Capital Mkts on Feb 17, 2017 to Sector Perform, Lowers Price Target to $ 38 from a previous price target of $39 .Genesis Energy L.P. was Downgraded by CapitalOne to Equal Weight on Feb 17, 2017.
Company has reported several Insider transactions to the SEC, on Feb 21, 2017, Corbin J Iii Robertson (director) purchased 3,000 shares at 19.47 per share price.On Feb 29, 2016, Jack T Taylor (director) purchased 10,000 shares at 24.77 per share price.
Genesis Energy L.P. Last issued its quarterly earnings results on Feb 16, 2017. The company reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.13. Analyst had a consensus of $0.32. The company had revenue of $428.10 million for the quarter, compared to analysts expectations of $486.11 million. The companys revenue was down -12.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.
Genesis Energy operates crude oil common carrier pipelines and is an independent gatherer and marketer of crude oil in North America, with operations concentrated in Texas, Louisiana, Alabama, Florida, Mississippi and New Mexico.