Blueknight Energy Partners (BKEP) Jumps: Stock Up 5.1%

Blueknight Energy Partners, L.P. BKEP was a big mover last session, as the partnership saw its units rise above 5% on the day. The move came on solid volume with far more units changing hands than in a normal session. This breaks the recent trend of the partnership, as the stock is now trading above the volatile price range of $4.98 to $5.22 in the past one-month time frame.

In the last 30 days, the partnership has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.     

Blueknight Energy Partners currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

A better-ranked Oil Field Services stock is Newpark Resources Inc. NR, which holds a Zacks Rank #2 (Buy).

Is BKEP going up? Or down? Predict to see what others think: Up or Down

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