Crestwood Midstream Partners (CMLP) Shares Cross Below Book Value

By
A A A

In trading on Friday, shares of Crestwood Midstream Partners LP (Symbol: CMLP) crossed below their last reported book value - defined as common shareholder equity per share - of $21.35, changing hands as low as $21.32 per share. Crestwood Midstream Partners LP shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of CMLP shares, versus its 50 and 200 day moving averages: Crestwood Midstream Partners LP Moving Averages Chart

Looking at the chart above, CMLP's low point in its 52 week range is $20.40 per share, with $24.95 as the 52 week high point - that compares with a last trade of $21.40.

According to the ETF Finder at ETF Channel, CMLP makes up 1.92% of the MLP ETF (Symbol: MLPA) which is trading lower by about 0.2% on the day Friday.

Click here to find out which 9 other stocks recently crossed below their book value »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: CMLP , MLPA

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Stocks

Referenced

Most Active by Volume

156,268,903
  • $42.66 ▼ 9.25%
82,495,270
  • $15.63 ▼ 1.39%
75,237,775
  • $109.14 ▼ 3.50%
56,968,677
  • $34.185 ▼ 4.52%
45,203,591
  • $26.90 ▼ 3.83%
39,512,388
  • $101.44 ▼ 2.59%
39,336,657
  • $32.60 ▼ 0.61%
37,271,712
  • $24.38 ▼ 0.85%
As of 1/27/2015, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com