Is Hi-Crush Partners LP (HCLP) a Sell? The Stock Reaches All-Time Low Today

Investors sentiment decreased to 0.67 in Q4 2018. Its down 0.18, from 0.85 in 2018Q3. It dropped, as 28 investors sold Hi-Crush Partners LP shares while 27 reduced holdings. 22 funds opened positions while 15 raised stakes. 7.71 million shares or 36.62% less from 12.17 million shares in 2018Q3 were reported.
Moreover, Jane Street Grp Inc Limited Liability Corporation has 0% invested in Hi-Crush Partners LP (NYSE:HCLP). Usca Ria Ltd invested 0.01% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP). Hrt holds 0.05% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP) for 94,789 shares. Citadel Advsrs Limited Liability holds 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP) for 312,965 shares. Blair William & Commerce Il reported 75,200 shares or 0% of all its holdings. Van Eck Associate owns 204,683 shares or 0% of their US portfolio. California Public Employees Retirement Sys holds 229,584 shares or 0% of its portfolio. Barclays Public holds 0% or 243,033 shares in its portfolio. Comml Bank Of America De holds 0% or 330,136 shares. Highstreet Asset Mgmt holds 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP) for 270 shares. Peconic Ltd Com invested in 25,000 shares. Signaturefd Ltd Co holds 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP) for 435 shares. Cambridge Research Advisors owns 26,274 shares. The Minnesota-based Ameriprise Financial has invested 0% in Hi-Crush Partners LP (NYSE:HCLP). The California-based Wells Fargo And Mn has invested 0% in Hi-Crush Partners LP (NYSE:HCLP).

The stock of Hi-Crush Partners LP (NYSE:HCLP) reached all time low today, May, 8 and still has $2.77 target or 6.00 % below today’s $2.95 share price. This indicates more downside for the $298.13 million company. This technical setup was reported by Barchart.com. If the $2.77 PT is reached, the company will be worth $17.89 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 18.06% or $0.65 during the last trading session, reaching $2.95. About 3.30 million shares traded or 315.27% up from the average. Hi-Crush Partners LP (NYSE:HCLP) has declined 67.20% since May 8, 2018 and is downtrending. It has underperformed by 71.57% the S&P500.

Hi-Crush Partners LP (NYSE:HCLP) Ratings Coverage

Among 2 analysts covering Hi-Crush Partners (NYSE:HCLP), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Hi-Crush Partners has $6.5 highest and $3 lowest target. $4.75’s average target is 61.02% above currents $2.95 stock price. Hi-Crush Partners had 2 analyst reports since December 19, 2018 according to SRatingsIntel. The company was downgraded on Wednesday, December 19 by Credit Suisse. The firm has “Neutral” rating by FBR Capital given on Tuesday, January 8.

More notable recent Hi-Crush Partners LP (NYSE:HCLP) news were published by: Seekingalpha.com which released: “Hi-Crush: Yield Chasing Gets Punished – Seeking Alpha” on October 22, 2018, also Seekingalpha.com with their article: “Hi-Crush Partners -8%, Smart Sand -11% as Jefferies cuts frac sand stocks – Seeking Alpha” published on October 17, 2018, Globenewswire.com published: “Hi-Crush Partners LP to Participate in Upcoming Investor Conference – GlobeNewswire” on January 03, 2019. More interesting news about Hi-Crush Partners LP (NYSE:HCLP) were released by: Seekingalpha.com and their article: “5 Reasons This 20% Yielding Stock Could Be One Of The Best Investments Of The Next Decade – Seeking Alpha” published on July 30, 2018 as well as Globenewswire.com‘s news article titled: “Hi-Crush Partners LP Reports Second Quarter 2018 Results – GlobeNewswire” with publication date: July 31, 2018.

Hi-Crush Partners LP produces, transports, markets, and distributes monocrystalline sand in the United States. The company has market cap of $298.13 million. The monocrystalline sand is a mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells. It has a 2.08 P/E ratio. It owns, operates, and develops sand reserves, and excavation and processing facilities, which include 1,447-acre facility with integrated rail infrastructure, located near Independence, Wisconsin, and Whitehall, Wisconsin; 971-acre facility with integrated rail infrastructure, located in Wyeville, Wisconsin; the Augusta facility situated in Eau Claire County, Wisconsin; and the Blair facility.

Hi-Crush Partners LP (NYSE:HCLP) Institutional Positions Chart

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