Cone Midstream Partners LP (symbol: CNNX) was one of the biggest winners of
the trading day today (2016-01-04), gaining 9.14%. The number of shares
that changed hands was 426,859, or about 2.5 times the average daily volume
in the stock.
The closing price was $10.75, amounting to a market cap of $627,000,000,
about -58.69% off the highest price in the last 12 months. The stock has
been trading at a range between $8.58 and $26.02.
CNNX is in the Natural Gas Distribution industry, part of the Public
Utilities sector. It first went public in 2014.
Looking at its valuation, the stock is now trading at 29.21 times earnings.
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