PennTex Midstream Partners, LP (symbol: PTXP) was one of the worst losers
of the trading day today (2016-09-12), losing -4.97%. The number of shares
that changed hands was 37,360, or about 1 times the average daily volume in
the stock.
The closing price was $16.74, amounting to a market cap of $672,680,000,
about -13.53% off the highest price in the last 12 months. The stock has
been trading at a range between $8.54 and $19.36.
PTXP is in the Natural Gas Distribution industry, part of the Public
Utilities sector. It first went public in 2015.
Looking at its valuation, the stock is now trading at 38.84 times earnings.
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