Niska Gas Storage Partners LLC (NYSE:NKA) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $4.21 and last traded at $4.20, with a volume of 19,974 shares changing hands. The stock had previously closed at $4.20.

Separately, Zacks Investment Research downgraded Niska Gas Storage Partners from a “hold” rating to a “sell” rating in a report on Saturday, April 2nd.

The stock’s market cap is $159.74 million. The firm has a 50-day moving average price of $4.18 and a 200-day moving average price of $3.67.

Niska Gas Storage Partners (NYSE:NKA) last announced its quarterly earnings data on Friday, June 10th. The company reported ($0.65) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.15) by $0.50. Analysts expect that Niska Gas Storage Partners LLC will post ($0.87) earnings per share for the current fiscal year.

An institutional investor recently raised its position in Niska Gas Storage Partners stock. Atlantic Trust Group LLC increased its stake in shares of Niska Gas Storage Partners LLC (NYSE:NKA) by 23.7% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 356,554 shares of the company’s stock after buying an additional 68,356 shares during the period. Atlantic Trust Group LLC owned 0.94% of Niska Gas Storage Partners worth $1,116,000 at the end of the most recent reporting period.

Niska Gas Storage Partners LLC owns and operates natural gas storage assets in North America. The Company operates the Countess and Suffield gas storage facilities (collectively, the AECO Hub) in Alberta, Canada, and the Wild Goose and Salt Plains gas storage facilities in California and Oklahoma, respectively.

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