Enterprise GP Holdings L.P. (NYSE:EPE) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.12 and traded as low as $0.17. Enterprise GP shares last traded at $0.19, with a volume of 107,320 shares changing hands.

Separately, Zacks Investment Research lowered shares of HEXO from a “hold” rating to a “sell” rating in a report on Wednesday, May 15th.

The stock has a 50 day simple moving average of $0.12. The company has a quick ratio of 0.52, a current ratio of 0.58 and a debt-to-equity ratio of 13.55. The company has a market cap of $43.50 million, a PE ratio of -0.68 and a beta of 2.98.

Enterprise GP (NYSE:EPE) last announced its quarterly earnings results on Wednesday, May 8th. The energy producer reported ($0.15) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.05. Enterprise GP had a negative net margin of 99.06% and a negative return on equity of 50.52%. The firm had revenue of $229.00 million for the quarter, compared to analyst estimates of $231.58 million. On average, equities research analysts anticipate that Enterprise GP Holdings L.P. will post -0.51 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Rhumbline Advisers grew its position in Enterprise GP by 36.6% during the 4th quarter. Rhumbline Advisers now owns 62,447 shares of the energy producer’s stock worth $44,000 after purchasing an additional 16,730 shares during the last quarter. SG Americas Securities LLC purchased a new position in Enterprise GP during the 1st quarter worth $42,000. Finally, Geode Capital Management LLC grew its position in Enterprise GP by 4.1% during the 4th quarter. Geode Capital Management LLC now owns 430,867 shares of the energy producer’s stock worth $301,000 after purchasing an additional 16,821 shares during the last quarter. 62.55% of the stock is currently owned by institutional investors.

About Enterprise GP (NYSE:EPE)

EP Energy Corporation, an independent exploration and production company, engages in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. Its assets are located primarily in three areas, such as the Eagle Ford Shale in South Texas; Northeastern Utah in the Uinta basin; and the Permian basin in West Texas.

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