StockNews.com assumed coverage on shares of CSI Compressco (NASDAQ:CCLP – Get Rating) in a report released on Monday morning. The brokerage issued a buy rating on the oil and gas company’s stock.
CSI Compressco Stock Performance
NASDAQ:CCLP opened at $1.41 on Monday. The stock’s fifty day moving average price is $1.36 and its two-hundred day moving average price is $1.30. CSI Compressco has a 52-week low of $1.04 and a 52-week high of $1.60. The company has a market cap of $199.14 million, a price-to-earnings ratio of -8.81 and a beta of 0.96.
CSI Compressco Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 14th. Shareholders of record on Tuesday, January 31st were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 2.84%. The ex-dividend date was Monday, January 30th. CSI Compressco’s dividend payout ratio is -25.00%.
Institutional Inflows and Outflows
About CSI Compressco
CSI Compressco LP engages in the provision of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage. It operates through the following geographical segments: United States, Latin America, Canada, and Other. The firm offers compression services, digitally enhanced compression, and parts and services.
- Get a free copy of the StockNews.com research report on CSI Compressco (CCLP)
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