Shares of Golar LNG Partners LP (NASDAQ:GMLP) were down 1.6% during mid-day trading on Friday . The stock traded as low as $18.93 and last traded at $18.98, with a volume of 1,091,783 shares traded. The stock had previously closed at $19.29.

Separately, Zacks Investment Research lowered Golar LNG Partners from a “buy” rating to a “hold” rating in a report on Wednesday.

The company has a market cap of $1.18 billion and a P/E ratio of 8.83. The firm’s 50-day moving average is $18.76 and its 200-day moving average is $16.96.

Golar LNG Partners (NASDAQ:GMLP) last issued its earnings results on Wednesday, August 31st. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.61 by $0.16. Equities research analysts anticipate that Golar LNG Partners LP will post $2.35 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 12th. Shareholders of record on Friday, August 5th were given a dividend of $0.5775 per share. This represents a $2.31 annualized dividend and a dividend yield of 12.17%. The ex-dividend date of this dividend was Wednesday, August 3rd.

Golar LNG Partners LP (Golar LNG Partners) owns and operates floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company operates a fleet of around six FSRU vessels and four LNG carriers. The Company’s FSRU vessels include Golar Spirit, Golar Winter, Golar Freeze, NR Satu, Golar Igloo and Golar Eskimo.

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