Martin Midstream Partners L.P. stock performance trend indicates that the stock price has rallied 9.83% 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 -5.19% . Looking at the past 52 week period, the stock price is down -8.57% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Martin Midstream Partners L.P. has a negative value of -17.59 compared to overall market performance.Martin Midstream Partners L.P. is having a Relative Strength Index of 52.87 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Martin Midstream Partners L.P. (NASDAQ:MMLP) has climbed 1.06% in the past week and advanced 1.6% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.82% and the outperformance has advanced to 0.45% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Martin Midstream Partners L.P. (NASDAQ:MMLP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.1 points or 0.52% at $19 with 1,595,748 shares getting traded. Post opening the session at $19.25, the shares hit an intraday low of $18.7 and an intraday high of $19.35 and the price was in this range throughout the day. The company has a market cap of $730 million and the number of outstanding shares has been calculated to be 38,440,562 shares. The 52-week high of Martin Midstream Partners L.P. (NASDAQ:MMLP) is $25.38 and the 52-week low is $15.5838.
Company has reported several Insider transactions to the SEC, on Feb 21, 2017, Randall Tauscher (COO) purchased 209 shares at 19.09 per share price.On Feb 21, 2017, Scot A Shoup (Senior VP Operations) purchased 91 shares at 19.09 per share price.On Feb 21, 2017, Ruben S Martin (CEO) purchased 721 shares at 19.09 per share price.
Martin Midstream Partners L.P. Last issued its quarterly earnings results on Feb 15, 2017. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $0.37. The company had revenue of $236.90 million for the quarter, compared to analysts expectations of $224.33 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.38 EPS.
Martin Midstream is a limited partnership which stores and transports hydrocarbon products and specialty chemicals, primarily in the Gulf Coast. It runs a marine transportation business, mostly barges and tugs, and operates storage tanks.