Southcross Energy Partners L.P. is in the regulated utilities industry and is in the utilities sector. The company CEO is James W. Swent. Southcross Energy Partners LP provides natural gas gathering, processing, treating, compression and transportation services, and natural gas liquid NGL fractionation and transportation services for its producer customers.



Previous Intraday Performance:

The SXE shares had a previous change of -2.89% which opened at 0.33 and closed at 0.32. It moved to an intraday high of 0.33 and a low of 0.31.

SeekingAlpha:  Southcross Energy Partners appoints Michael B. Howe as senior vice president and CFO

Historical Performance:

Over the last five trading days, SXE shares returned -4.88% and in the past 30 trading days it returned -10.99%. Over three months, it changed -31.60%. In one year it has changed -82.20% and within that year its 52 week high was 1.89 and its 52 week low was 0.21. SXE stock is 50.48% above its 52 week low.

Our calculations result in a 200 day moving average of 0.78 and a 50 day moving average of 0.34. Right now, SXE stock is trading -59.49% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Southcross Energy Partners appoints Michael B. Howe as senior vice president and CFO

Liquidity:

The company has a market cap of $25.3m with 80.2m shares outstanding and a float of 79.8m shares. Trading volume was 50,745 shares and has experienced an average volume of 57,490 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Southcross Energy Partners L.P. was -0.84 which ended on 31st of December 2017.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-01-2019: 0.47
4thQtr 2018Reported 02-20-2019: 0.40
3rdQtr 2018Reported 10-31-2018: 0.60
2ndQtr 2018Reported 07-31-2018: 0.68
1stQtr 2018Reported 05-02-2018: 0.68

The long-term trend of the EPS is an important number as it indicates the present value of Southcross Energy Partners L.P..

Indicators Also to Watch:

Based on the latest filings, there is 0.60% of insider ownership and 34.90% of institutional ownership. Short-interest was 208,414, which was 0.26% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.47. This stock has some short interest, but it might be normal and no need to worry if long the position.



The beta was calculated to be 4.63.

SeekingAlpha:  MDR and SKYS among premarket losers

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -4.64%, profit margin is -11.12%, price-to-sales is 0.06 and price-to-book is 0.06.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 2  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 0  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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