Rattler Midstream LP (NASDAQ:RTLR) went up by 5.74% from its latest closing price when compared to the 1-year high value of $20.24 and move down -478.29%, while RTLR stocks collected +7.03% of gains with the last five trading sessions. Press Release reported on 03/19/20 that RATTLER MIDSTREAM LP, A SUBSIDIARY OF DIAMONDBACK ENERGY, INC., PROVIDES UPDATE
Rattler Midstream LP (NASDAQ:RTLR) Worth an Investment?
Rattler Midstream LP (NASDAQ: RTLR) scored price to earnings ratio above its average ratio, recording 18.92 times of increase in earnings at the present.
RTLR Market Performance
RTLR stocks went up by 7.03% for the week, with the monthly drop of -74.98% and a quarterly performance of -80.26%. The simple moving average for the period of the last 20 days is -53.54% for RTLR stocks with the simple moving average of -78.36% for the last 200 days.
Analysts’ Opinion on Rattler Midstream LP (NASDAQ:RTLR)
Many brokerage firms have already submitted their reports for RTLR stocks, with RBC Capital Mkts repeating the rating for RTLR shares by setting it to “Outperform”. The predicted price for RTLR socks in the upcoming period according to RBC Capital Mkts is $11 based on the research report published on March 16, 2020.
Credit Suisse, on the other hand, stated in their research note that they expect to see RTLR stock at the price of $12, previously predicting the value of $21. The rating they have provided for RTLR stocks is “Outperform” according to the report published on March 12, 2020.
Raymond James gave “ Mkt Perform” rating to RTLR stocks, setting the target price at $12 in the report published on March 12, 2020.
RTLR Stocks -71.87% Far from 50 Day Moving Average
After a stumble in the market that brought RTLR to its low price for the period of the last 52 weeks, Rattler Midstream LP was unable to take a rebound, for now settling with -82.71% of loss for the given period.
The stock volatility was left at 18.58%, however, within the period of a single month, the volatility rate increased by 30.83%, while the shares sank at the distance of -73.80% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -79.28% lower at the present time.
In the course of the last 5 trading sessions, RTLR went up by +7.03%, which changed the moving average for the period of 200 days to the total of -81.53% of losses for the stock in comparison to the 20-day moving average settled at $7.04. In addition, Rattler Midstream LP saw -80.33% in overturn over the period of a single year with a tendency to cut further losses.
RTLR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Rattler Midstream LP (RTLR), starting from Van’t Hof Matthew Kaes, who bought 6,000 shares at the price of $4.21 back on Mar 19. After this action, Rushing now owns 1,148,857 shares of Rattler Midstream LP, valued at $25,282 with the latest closing price.
RTLR Stock Fundamentals
The current profitability levels are settled at +49.34 for the present operating margin and +52.16 for gross margin. The net margin for Rattler Midstream LP stands at +6.27. Equity return holds the value 3.50%, with 2.10% for asset returns.