Shares of Blueknight Energy Partners L.P. (NASDAQ:BKEP) were down 6.4% during mid-day trading on Thursday . The company traded as low as $5.79 and last traded at $6.01, with a volume of 1,060,258 shares. The stock had previously closed at $6.42.

A number of analysts have issued reports on BKEP shares. TheStreet downgraded Blueknight Energy Partners L.P. from a “hold” rating to a “sell” rating in a research note on Friday, April 8th. Zacks Investment Research raised Blueknight Energy Partners L.P. from a “sell” rating to a “hold” rating in a research note on Tuesday, May 10th. Janney Montgomery Scott started coverage on Blueknight Energy Partners L.P. in a research note on Thursday, May 19th. They issued a “neutral” rating and a $6.00 target price for the company. Finally, SunTrust Banks Inc. raised Blueknight Energy Partners L.P. from a “neutral” rating to a “buy” rating and raised their target price for the stock from $5.00 to $8.00 in a research note on Friday. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $6.45.

The stock has a 50 day moving average price of $5.37 and a 200 day moving average price of $5.06. The firm’s market capitalization is $203.20 million.

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

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

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