Crossamerica Partners LP (NYSE:CAPL) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 84,800 shares, a growth of 5.7% from the May 15th total of 80,200 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 116,000 shares, the short-interest ratio is currently 0.7 days.
Shares of NYSE:CAPL opened at $16.72 on Friday. The firm has a market capitalization of $575.90 million, a P/E ratio of 44.00, a P/E/G ratio of 7.27 and a beta of 1.38. Crossamerica Partners has a 1 year low of $13.00 and a 1 year high of $19.20. The company has a quick ratio of 0.39, a current ratio of 0.52 and a debt-to-equity ratio of 5.29. The business’s 50 day moving average is $16.00.
CAPL has been the topic of several analyst reports. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Raymond James set a $31.00 price target on Mylan and gave the stock a “buy” rating in a research report on Wednesday, May 8th. Finally, Zacks Investment Research raised FirstService from a “strong sell” rating to a “hold” rating and set a $110.00 target price on the stock in a research report on Tuesday, June 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $20.00.
Crossamerica Partners Company Profile
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites.
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