Dominion Midstream Partners LP (DM) : During the past 4 weeks, traders have been relatively bearish on Dominion Midstream Partners LP (DM), hence the stock is down -4.15% 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 -2.41% relative to the S&P 500. The 4-week change in the price of the stock is -4.67% and the stock has fallen -2.25% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.31% and the 50-Day Moving Average is 5.76%.The 200 Day SMA reached 14.93%
Dominion Midstream Partners LP (NYSE:DM): After opening at $23.99, the stock dipped to an intraday low of $23.6 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $24.39 and the buying power remained strong till the end. The stock closed at $23.91 for the day, a gain of 1.74% for the day session. The total traded volume was 660,101. The stocks close on the previous trading day was $23.91.
Dominion Midstream Partners LP (DM) : 7 investment research analysts covering Dominion Midstream Partners LP (DM) have an average price target of $34 for the near short term. The highest target price given by the Brokerage Firm to the stock is $45 and the lowest target is $26 for the short term. Analysts expect the variance to be within $6.83 of the average price.
Dominion Midstream Partners, LP (Dominion Midstream), through its wholly owned subsidiary, Cove Point GP Holding Company, LLC, owns the preferred equity interests and the general partner interest of Dominion Cove Point LNG, LP (Cove Point), which owns liquefied natural gas (LNG) import, storage, regasification and transportation assets. Cove Points operations consist of LNG import and storage services at the Cove Point LNG Facility, and the transportation of domestic natural gas and regasified LNG to Mid-Atlantic markets via the Cove Point Pipeline. The Cove Point LNG Facility includes an offshore pier, LNG storage tanks, regasification facilities and associated equipment. The Cove Point Pipeline is a 36-inch diameter bi-directional underground, interstate natural gas pipeline. Cove Point is engaged in the process of constructing the Liquefaction Project.