Shares of Blueknight Energy Partners L.P. (NASDAQ:BKEP) saw unusually-strong trading volume on Friday . Approximately 297,628 shares traded hands during mid-day trading, an increase of 138% from the previous session’s volume of 125,017 shares.The stock last traded at $6.23 and had previously closed at $6.05.

A number of analysts have weighed in on BKEP shares. SunTrust Banks Inc. raised shares of Blueknight Energy Partners L.P. from a “neutral” rating to a “buy” rating in a report on Friday. Zacks Investment Research raised shares of Blueknight Energy Partners L.P. from a “sell” rating to a “hold” rating in a report on Tuesday, May 10th. Janney Montgomery Scott started coverage on shares of Blueknight Energy Partners L.P. in a report on Thursday, May 19th. They issued a “neutral” rating and a $6.00 price target for the company. Finally, TheStreet downgraded shares of Blueknight Energy Partners L.P. from a “hold” rating to a “sell” rating in a report on Friday, April 8th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $6.05.

The stock’s 50-day moving average price is $5.33 and its 200 day moving average price is $5.06. The firm’s market capitalization is $203.20 million.

Blueknight Energy Partners L.P. (NASDAQ:BKEP) last posted its quarterly earnings data on Wednesday, May 4th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by $0.04. The firm had revenue of $42.36 million for the quarter, compared to the consensus estimate of $40.61 million. On average, equities analysts forecast that Blueknight Energy Partners L.P. will post ($0.09) earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Tuesday, August 2nd will be issued a $0.145 dividend. The ex-dividend date is Friday, July 29th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 9.48%.

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