Citi lowered the price target for Westlake Chemical Partners LP (NYSE:WLKP)
from $26 to $23. A Basic Materials sector firm, Westlake Chemical Partners LP (NYSE:WLKP) stock remains unchanged on Wednesday and when day-trade ended the stock finally concluded at $22.87 and number of shares that changed hands during the day are 0. The number of shares WLKP stock currently held by all its shareholders are 35.05 and floated shares, the number of shares are available for trading in an open market on last trading day are 19.30. The average volume of shares for 3 months is 40.93 and WLKP stock value has moved between $20.24 – 24.86 in last one year.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the WLKP is 0.50%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the WLKP is 61.70%.
Institutional transactions is the amount of a Westlake Chemical Partners LP (NYSE:WLKP)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the WLKP is 0.07%.
The Westlake Chemical Partners LP (NYSE:WLKP)’s latest earnings date is 11/5/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Westlake Chemical Partners LP (NYSE:WLKP) is 29.20% and the profit margin is 4.20% and the stock has gained -5.22% in 2019 to date.
Westlake Chemical Partners LP (NYSE:WLKP)’s monthly stock performance is 7.32%, the quarterly performance is -5.02%, the half year performance is calculated as -0.57%. The yearly performance of WLKP is -8.78%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Westlake Chemical Partners LP (NYSE:WLKP) weekly volatility is measured as 1.54% and monthly volatility measured as 2.13%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. WLKP return on assets is 3.50%, the return on equity (ROE) of the Westlake Chemical Partners LP (NYSE:WLKP) is 10.80%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and WLKP return on investment is 37.30%.
The price to earnings ratio is 14.24, price to sales ratio is 0.63, and price to book ratio is 1.55, price to cash per share ration is 45.81, price to free cash flow is 2.47.
Analysts mean target price for Westlake Chemical Partners LP (NYSE:WLKP) is $27.75 while analysts mean recommendation is 2.00. The current share price indicates that stock is -8.48% away from its one year high and is moving 12.94% ahead of its 52-week low. WLKP’s distance from 20 day simple moving average is 0.92% and distance from 50-Day simple moving average is 3.15%.