CorEnergy Infrastructure Trust (NYSE:CORR) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of CorEnergy Infrastructure Trust (NYSE:CORR) in a research report sent to investors on Monday. The brokerage issued a hold rating on the asset manager’s stock.

CorEnergy Infrastructure Trust Stock Performance

The business’s fifty day moving average price is $0.26 and its 200 day moving average price is $0.49. The firm has a market cap of $304,000.00, a PE ratio of -0.01 and a beta of 1.21. CorEnergy Infrastructure Trust has a fifty-two week low of $0.02 and a fifty-two week high of $1.75. The company has a debt-to-equity ratio of 2.21, a quick ratio of 1.15 and a current ratio of 1.25.

Institutional Trading of CorEnergy Infrastructure Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in shares of CorEnergy Infrastructure Trust during the fourth quarter worth approximately $29,000. Renaissance Technologies LLC acquired a new stake in CorEnergy Infrastructure Trust during the second quarter worth approximately $55,000. Finally, Moneta Group Investment Advisors LLC increased its stake in CorEnergy Infrastructure Trust by 80,730.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 16,267,943 shares of the asset manager’s stock worth $34,000,000 after acquiring an additional 16,247,817 shares during the period. Institutional investors and hedge funds own 8.28% of the company’s stock.

About CorEnergy Infrastructure Trust

CorEnergy Infrastructure Trust, Inc (NYSE: CORR, CORRPrA) is a real estate investment trust that owns and operates or leases regulated natural gas transmission and distribution lines and crude oil gathering, storage and transmission pipelines and associated rights-of-way. On February 25, 2024, CorEnergy Infrastructure Trust, Inc filed a voluntary petition for reorganization under Chapter 11 in the U.S.