Shares of CVR Partners LP (NYSE:UAN) dropped 2.3% during trading on Thursday . The stock traded as low as $6.30 and last traded at $6.39, with a volume of 144,415 shares. The stock had previously closed at $6.54.

UAN has been the topic of several research analyst reports. Morgan Stanley reiterated a “hold” rating on shares of CVR Partners in a research note on Thursday, June 16th. Zacks Investment Research cut shares of CVR Partners from a “buy” rating to a “sell” rating in a research note on Wednesday, May 25th. Four investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $9.14.

The stock’s 50 day moving average is $7.32 and its 200 day moving average is $7.69. The firm has a market cap of $664.97 million and a PE ratio of 80.41.

CVR Partners (NYSE:UAN) last released its quarterly earnings data on Thursday, July 28th. The company reported ($0.15) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.36. The firm had revenue of $119.80 million for the quarter, compared to analysts’ expectations of $116.05 million. CVR Partners’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 EPS. On average, equities analysts anticipate that CVR Partners LP will post $0.14 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, August 15th. Investors of record on Monday, August 8th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, August 4th. This represents a $0.68 annualized dividend and a yield of 11.58%.

CVR Partners, LP owns and operates nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products. The Company operates through the United States segment. Its principal products are urea-ammonium nitrate (UAN) and ammonia. The Company’s products are manufactured at its nitrogen fertilizer manufacturing facility in Coffeyville, Kansas, that utilizes a petroleum coke, or pet coke, gasification process to produce nitrogen fertilizer.

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