- MWE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $64.1 million.
- MWE has traded 213,890 shares today.
- MWE is trading at 3.31 times the normal volume for the stock at this time of day.
- MWE is trading at a new low 7.02% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of 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 (or avoid losses by trimming weak positions). 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. EXCLUSIVE OFFER: Get the inside scoop on opportunities in MWE with the Ticky from Trade-Ideas. See the FREE profile for MWE NOW at Trade-Ideas More details on MWE: MarkWest Energy Partners, L.P. engages in the gathering, processing, and transportation of natural gas. The company is also involved in the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering and transportation of crude oil. The stock currently has a dividend yield of 5.9%. MWE has a PE ratio of 105. Currently there are 6 analysts that rate MarkWest Energy Partners a buy, no analysts rate it a sell, and 9 rate it a hold. The average volume for MarkWest Energy Partners has been 1.4 million shares per day over the past 30 days. MarkWest Energy has a market cap of $11.7 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.29 and a short float of 2% with 3.13 days to cover. Shares are down 14.7% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates MarkWest Energy Partners as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and feeble growth in the company's earnings per share. Highlights from the ratings report include:
- Net operating cash flow has significantly increased by 78.80% to $200.93 million when compared to the same quarter last year. In addition, MARKWEST ENERGY PARTNERS LP has also vastly surpassed the industry average cash flow growth rate of -48.80%.
- The gross profit margin for MARKWEST ENERGY PARTNERS LP is rather high; currently it is at 52.96%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -1.94% trails the industry average.
- Despite the weak revenue results, MWE has outperformed against the industry average of 37.8%. Since the same quarter one year prior, revenues slightly dropped by 8.8%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- 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 Oil, Gas & Consumable Fuels industry. The net income has significantly decreased by 172.7% when compared to the same quarter one year ago, falling from $12.49 million to -$9.08 million.
- The share price of MARKWEST ENERGY PARTNERS LP has not done very well: it is down 8.67% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.
- You can view the full MarkWest Energy Partners Ratings Report.
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