Rice Midstream Partners LP (RMP) : During the past 4 weeks, traders have been relatively bearish on Rice Midstream Partners LP (RMP), hence the stock is down -1.47% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.85% relative to the S&P 500. The 4-week change in the price of the stock is -3.47% and the stock has fallen -5.35% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.16% and the 50-Day Moving Average is 0.34%.The 200 Day SMA reached 31.68% Rice Midstream Partners LP is up 11.97% in the last 3-month period. Year-to-Date the stock performance stands at 61.74%.
Rice Midstream Partners LP (RMP) : The highest short term price target forecast on Rice Midstream Partners LP (RMP) is $29 and the lowest target price is $23. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $25.86 with a standard deviation of $2.04.
Company shares have received an average consensus rating of Hold for the current week Rice Midstream Partners LP (NYSE:RMP): stock was range-bound between the intraday low of $20.5 and the intraday high of $21.13 after having opened at $20.77 on Fridays session. The stock finally closed in the red at $20.77, a loss of -0.52%. The stock remained in the red for the whole trading day. The total traded volume was 1,424,634 shares. The stock failed to cross $21.13 in Fridays trading. The stocks closing price on Thursday was $20.89.
Rice Midstream Partners LP is a limited partnership that owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company is engaged in oil and natural gas gathering and processing. The Companys assets consist of natural gas gathering and compression assets servicing producers in the developing dry gas core of the Marcellus Shale in southwestern Pennsylvania. The Company provides its services under long-term, fixed-fee contracts, primarily to Rice Energy, Inc. in one of its core operating areas. The Companys assets consisted of: a 2.8 million of dekatherms per day high-pressure dry gas gathering system and associated compression in Washington County, Pennsylvania and a 420 million of dekatherms per day high-pressure dry gas gathering system in Greene County, Pennsylvania.