Hi-Crush Partners (HCLP) Strong On High Relative Volume Today
Trade-Ideas LLC identified Hi-Crush Partners (HCLP) as a strong on high relative volume candidate
TheStreet Wire
Trade-Ideas LLC identified
Hi-Crush Partners
HCLP
) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Hi-Crush Partners as such a stock due to the following factors:
HCLP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $4.5 million.
HCLP has traded 73,453 shares today.
HCLP is trading at 2.81 times the normal volume for the stock at this time of day.
HCLP is trading at a new high 7.09% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.
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More details on HCLP:
Hi-Crush Partners LP produces and supplies monocrystalline sand in the United States. The monocrystalline sand is a mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells. The stock currently has a dividend yield of 27.6%. HCLP has a PE ratio of 8. Currently there are 4 analysts that rate Hi-Crush Partners a buy, no analysts rate it a sell, and 5 rate it a hold.
The average volume for Hi-Crush Partners has been 520,200 shares per day over the past 30 days. Hi-Crush has a market cap of $333.6 million and is part of the basic materials sector and metals & mining industry. The stock has a beta of 1.28 and a short float of 4% with 1.94 days to cover. Shares are up 50% year-to-date as of the close of trading on Thursday.
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TheStreetRatings.com
TheStreet Quant Ratings
rates Hi-Crush Partners as a
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and weak operating cash flow.
Highlights from the ratings report include:
HI-CRUSH PARTNERS LP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last two years. We anticipate that this should continue in the coming year. During the past fiscal year, HI-CRUSH PARTNERS LP reported lower earnings of $0.72 versus $2.92 in the prior year. For the next year, the market is expecting a contraction of 220.8% in earnings (-$0.87 versus $0.72).
The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Metals & Mining industry. The net income has significantly decreased by 317.4% when compared to the same quarter one year ago, falling from $23.69 million to -$51.49 million.
Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Metals & Mining industry and the overall market, HI-CRUSH PARTNERS LP's return on equity significantly trails that of both the industry average and the S&P 500.
The gross profit margin for HI-CRUSH PARTNERS LP is currently extremely low, coming in at 4.45%. It has decreased significantly from the same period last year.
Net operating cash flow has significantly decreased to -$1.16 million or 103.18% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
You can view the full Hi-Crush Partners Ratings Report.
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