CSI Compressco LP (NASDAQ:CCLP)’s share price fell 4.4% during mid-day trading on Wednesday . The company traded as low as $8.36 and last traded at $8.44, with a volume of 65,680 shares traded. The stock had previously closed at $8.83.

A number of research firms have issued reports on CCLP. Zacks Investment Research raised shares of CSI Compressco from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Tuesday. TheStreet lowered shares of CSI Compressco from a “hold” rating to a “sell” rating in a research report on Friday, April 8th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $12.00.

The firm’s market cap is $286.35 million. The stock has a 50 day moving average of $8.45 and a 200 day moving average of $7.29.

CSI Compressco (NASDAQ:CCLP) last posted its quarterly earnings data on Friday, May 6th. The company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.06. The firm earned $81.70 million during the quarter, compared to analyst estimates of $88.28 million. Equities analysts forecast that CSI Compressco LP will post ($0.40) earnings per share for the current year.

Several large investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. increased its stake in CSI Compressco by 22.7% in the fourth quarter. Advisors Asset Management Inc. now owns 157,335 shares of the company’s stock valued at $1,794,000 after buying an additional 29,116 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in CSI Compressco during the fourth quarter valued at $4,858,000. Wells Fargo & Company MN increased its stake in CSI Compressco by 33,712.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,001,185 shares of the company’s stock valued at $11,414,000 after buying an additional 998,224 shares during the last quarter. Finally, OppenheimerFunds Inc. increased its stake in CSI Compressco by 0.4% in the fourth quarter. OppenheimerFunds Inc. now owns 2,920,526 shares of the company’s stock valued at $33,294,000 after buying an additional 11,947 shares during the last quarter.

CSI Compressco LP, formerly Compressco Partners, L.P., is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers.

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