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KNOT Offshore Partners LP (KNOP) in Focus: Stock Jumps 8.8% - Tale of the Tape

KNOT Offshore Partners LP ( KNOP ) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 5.5% in the past one-month time frame.

None of the estimates for this shipping industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

KNOT Offshore Partners has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some better-ranked shipping stocks include Costamare Inc. ( CMRE ), Kirby Corporation ( KEX ) and Ship Finance International Limited ( SFL ), each carrying a Zacks Rank #1 (Strong Buy).

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KNOT OFFSHOR LP (KNOP): Free Stock Analysis Report

COSTAMARE INC (CMRE): Free Stock Analysis Report

KIRBY CORP (KEX): Free Stock Analysis Report

SHIP FIN INTL (SFL): Free Stock Analysis Report

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


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

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