Shares of Niska Gas Storage Partners LLC (NYSE:NKA) saw strong trading volume on Thursday . 77,414 shares were traded during mid-day trading, a decline of 2% from the previous session’s volume of 79,187 shares.The stock last traded at $4.20 and had previously closed at $4.21.

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

The company’s market cap is $159.55 million. The stock’s 50 day moving average price is $4.18 and its 200-day moving average price is $3.68.

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

A hedge fund recently raised its stake in Niska Gas Storage Partners stock. Atlantic Trust Group LLC raised its position in Niska Gas Storage Partners LLC (NYSE:NKA) by 23.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 356,554 shares of the company’s stock after buying an additional 68,356 shares during the period. Atlantic Trust Group LLC owned about 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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