USD Partners (NYSE:USDP) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of USD Partners (NYSE:USDP) in a report issued on Tuesday. The brokerage set a “hold” rating on the transportation company’s stock.

USD Partners Price Performance

USD Partners stock opened at $0.12 on Tuesday. USD Partners has a 52-week low of $0.05 and a 52-week high of $1.75. The firm’s fifty day moving average is $0.14 and its 200 day moving average is $0.19. The company has a market cap of $4.05 million, a price-to-earnings ratio of 0.22 and a beta of 0.76.

USD Partners (NYSE:USDP) last announced its earnings results on Tuesday, May 7th. The transportation company reported ($0.26) earnings per share (EPS) for the quarter. The firm had revenue of $9.76 million for the quarter.

USD Partners Company Profile

USD Partners LP acquires, develops, and operates midstream infrastructure assets and logistics solutions for crude oil, biofuels, and other energy-related products in the United States and Canada. It operates through two segments, Terminalling Services and Fleet Services. The Terminalling Services segment owns and operates Hardisty terminal, an origination terminal for loading various grades of Canadian crude oil onto railcars for transportation to end markets; Stroud terminal, a crude oil destination terminal, which is used to facilitate rail-to-pipeline shipments of crude oil located in Stroud, Oklahoma; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and West Colton Terminal, an unit train-capable destination terminals that trans load approximately 13,000 barrels per day ethanol and renewable diesel received by rail from producers onto trucks.