July 26, 2016 - 7:13 PM EDT
Print Email Article Font Down Font Up
Archrock Partners L.P. (APLP) Dives 1.83% in Morning Session on July 26

Archrock Partners L.P. (APLP) lost ground during morning trading on July 26 to make it one of the worst performers amongst all NYSE and NASDAQ listed stocks in the basic materials sector halfway through the trading day. At the lunch break, shares of APLP have fallen 1.83% to $13.44 after closing the day prior at $13.69. So far, the stock has traded as high as $13.68 and as low as $13.32. Today's decline has come with about 30,663 shares changing hands, compared to an average 30-day volume of 308,658 for Archrock Partners L.P.. The price is currently below the 30-day volume weighted average price of $13.54 for APLP. The share depreciation gives the company a market capitalization of $821.89 million based upon 60.04 million shares outstanding. It also means that APLP has a price-to-book ratio of 1.62:1. In the past 52 weeks, shares of APLP have traded as low as $5.36 and as high as $22.0999. Technical traders will take note that at $13.44, shares of APLP are trading above their 200-day MA at $12.0 and below their 50-day MA at $13.81. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding below them is typically regarded as bearish. Who is APLP? Archrock Partners LP offers natural gas compression products and services. Its contract operations services include designing, sourcing, owning, installing, operating, servicing, among others. The company’s employees are led by CEO D. Bradley Childers from the corporate headquarters at 16666 Northchase Drive in Houston, TX. For more information on APLP and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit FinancialPress.com today. All data provided by QuoteMedia, with stock data accurate as of 12:00 PM ET. FinancialPress.com is not responsible for inaccuracies in third-party supplied information. About FinancialPress.com FinancialPress.com is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here.

Source: Financial Press News (July 26, 2016 - 7:13 PM EDT)

News by QuoteMedia

Legal Notice