Price Action Report: Will Usa Compression Partners LP Short Squeeze Soon?

Price Action Report: Will Usa Compression Partners LP Short Squeeze Soon?

The stock of Usa Compression Partners LP (NYSE:USAC) is a huge mover today! About 474,249 shares traded hands or 382.91% up from the average. Usa Compression Partners LP (NYSE:USAC) has risen 60.04% since April 6, 2016 and is uptrending. It has outperformed by 58.08% the S&P500.
The move comes after 6 months negative chart setup for the $1.21B company. It was reported on Nov, 8 by Barchart.com. We have $16.29 PT which if reached, will make NYSE:USAC worth $84.70 million less.

Usa Compression Partners LP (NYSE:USAC) Ratings Coverage

Out of 4 analysts covering USA Compression Partners LP (NYSE:USAC), 2 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 50% are positive. USA Compression Partners LP has been the topic of 13 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, July 28. The rating was maintained by RBC Capital Markets on Friday, May 6 with “Outperform”. The firm has “Outperform” rating given on Friday, September 9 by FBR Capital. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, November 6. The firm has “Neutral” rating by Goldman Sachs given on Thursday, May 12. The firm has “Sell” rating given on Tuesday, June 21 by Goldman Sachs. The rating was downgraded by Barclays Capital on Monday, January 11 to “Underweight”.

According to Zacks Investment Research, “USA Compression Partners, LP is engaged in providing compression services primarily in the United States. It designs, engineers, operates and maintains natural gas compressor packages. The Company’s customer base is comprised of producers, processors, gatherers and transporters of natural gas. It generally provides its compression services primarily under long-term, fixed fee contracts. USA Compression Partners, LP is headquartered in Austin, Texas.”

Insitutional Activity: The institutional sentiment increased to 1.38 in Q2 2016. Its up 0.38, from 1 in 2016Q1. The ratio is positive, as 9 funds sold all Usa Compression Partners LP shares owned while 12 reduced positions. 12 funds bought stakes while 17 increased positions. They now own 55.05 million shares or 0.52% less from 55.33 million shares in 2016Q1.
Citadel Advisors Ltd Liability Corp has 0% invested in the company for 41,942 shares. The United Kingdom-based Barclays Public Ltd has invested 0% in Usa Compression Partners LP (NYSE:USAC). Barnett And, a Tennessee-based fund reported 17,100 shares. Manufacturers Life Communications The reported 1,203 shares or 0% of all its holdings. Rbf Cap Limited holds 17,000 shares or 0.05% of its portfolio. Lucas Management accumulated 106,606 shares or 1.11% of the stock. Moreover, Spirit Of America Mngmt Ny has 1.91% invested in Usa Compression Partners LP (NYSE:USAC) for 890,566 shares. Carlyle Gp L P accumulated 23.33M shares or 5.95% of the stock. Morgan Stanley accumulated 0% or 343,763 shares. Bard Assocs has 1.87% invested in the company for 241,107 shares. Moreover, Citigroup has 0.01% invested in Usa Compression Partners LP (NYSE:USAC) for 634,851 shares. Natl Asset Mngmt holds 0.07% or 23,289 shares in its portfolio. Susquehanna Intll Group Inc Llp last reported 14,495 shares in the company. Renaissance Technologies Ltd Liability Company last reported 83,800 shares in the company. Brown Brothers Harriman And holds 2,800 shares or 0% of its portfolio.

More notable recent Usa Compression Partners LP (NYSE:USAC) news were published by: Businesswire.com which released: “USA Compression Partners, LP Reports Third Quarter 2016 Results and Updates …” on November 08, 2016, also Businesswire.com with their article: “USA Compression Partners to Participate in the 2016 Baird Industrial Conference” published on November 07, 2016, Businesswire.com published: “USA Compression Partners to Participate in the 2016 UBS MLP Conference” on January 08, 2016. More interesting news about Usa Compression Partners LP (NYSE:USAC) were released by: Businesswire.com and their article: “USA Compression Partners, LP Reports Second Quarter 2016 Results and Updates …” published on August 04, 2016 as well as Businesswire.com‘s news article titled: “USA Compression Partners to Participate in the 2016 Barclays Select Series …” with publication date: February 29, 2016.

USAC Company Profile

USA Compression Partners, LP, incorporated on June 7, 2011, is an independent well-known provider of compression services in the United States. The Firm provides compression services to its clients primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes. The Company’s segment is the compression services business. The Company’s compression services play a role in the production, processing and transportation of both natural gas and crude oil. The Firm provides compression services in various shale plays across the United States, including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara and Fayetteville shales.

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