CorEnergy Infrastructure Trust (CORR) has been under a strong bear grip, hence the stock is down -0.37% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.74% in the past 1 week. The stock has risen by 1.07% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.58% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.45% and the fifty day Moving Average is 0.43%. CorEnergy Infrastructure Trust, Inc. is up 24.05% in the last three month period. Year-to-Date the stock performance stands at 97.1%.
CorEnergy Infrastructure Trust (CORR) : 3 investment research analysts covering CorEnergy Infrastructure Trust (CORR) have an average price target of $27.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $30 and the lowest target is $22 for the short term. Analysts expect the variance to be within $4.62 of the average price.
CorEnergy Infrastructure Trust (NYSE:CORR): On Fridays trading session , Opening price of the stock was $29.96 with an intraday high of $30.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $29.05. However, the stock managed to close at $29.25, a loss of 1.48% for the day. On the previous day, the stock had closed at $29.69. The total traded volume of the day was 119,006 shares.
CorEnergy Infrastructure Trust, Inc. is an energy infrastructure real estate investment trust. The Company is focused on acquiring and financing midstream and downstream real estate assets in the United States energy infrastructure sector. It provides other types of capital, including loans secured by energy infrastructure assets. Its focus of assets includes pipelines, storage tanks, transmission lines and gathering systems, among others. Its assets include Pinedale Liquids Gathering System (Pinedale LGS), Portland Terminal Facility, MoGas Pipeline System, Eastern Interconnect Project and Omega Pipeline. Its subsidiaries holding its securities portfolios and operating businesses, are Corridor Public Holdings, Inc. and its wholly owned subsidiary Corridor Private Holdings, Inc (CorPrivate); Mowood Corridor, Inc. and its wholly owned subsidiary, Mowood, LLC (Mowood); Corridor MoGas, Inc. (CorMoGas); CorEnergy BBWS, Inc. (BBWS), and Corridor Leeds Path West, Inc. (Leeds Path West).