Evolve Transition Infrastructure (NYSE:SNMP) Coverage Initiated at StockNews.com

Analysts at StockNews.com started coverage on shares of Evolve Transition Infrastructure (NYSE:SNMPGet Rating) in a research note issued on Monday. The firm set a “hold” rating on the stock.

Evolve Transition Infrastructure Trading Up 2.0 %

Shares of SNMP stock opened at $0.20 on Monday. Evolve Transition Infrastructure has a 1-year low of $0.19 and a 1-year high of $1.25. The firm’s 50-day simple moving average is $0.29 and its 200-day simple moving average is $0.39.

Evolve Transition Infrastructure Company Profile

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Evolve Transition Infrastructure LP, together with its subsidiaries, engages in the acquisition, development, ownership, and operation of infrastructure for the transition of energy supply to lower carbon sources in the United States. The company engages in gathering, processing, and transporting natural gas, NGLs, and crude oil.

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