Is This Stock a Screaming Buy: Green Plains Partners LP (NASDAQ:GPP)

Equity Research firms currently have a positive stance on shares of Green Plains Partners LP (NASDAQ:GPP). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $20.65 on a short term basis.

At the time of writing, the stock was trading at $19.25. This represents a change from the opening price of -1.53%. In terms of performance, year to date, the stock is 29.38%. The monthly stock performance comes in at -0.82%. For the quarter, shares are performing at 28.38%. Weekly performance analysis shows the equity at 1.31%.

In taking a look at technical levels, shares are trading 3.82% away from the 50 day simple moving average and 28.91% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -5.68% away from it’s 52- week high and 67.03% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Green Plains Partners LP’s RSI stands at 54.20. In looking at volatility levels, the shares saw weekly volatility of 1.76% and 3.08% over the past month.

Leave a Comment