XPLR Infrastructure (NYSE:XIFR) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

XPLR Infrastructure, LP (NYSE:XIFR - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.81 and traded as high as $9.84. XPLR Infrastructure shares last traded at $9.52, with a volume of 1,300,431 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on XIFR shares. Barclays raised their target price on shares of XPLR Infrastructure from $6.00 to $9.00 and gave the company an "underweight" rating in a research note on Monday, May 12th. Jefferies Financial Group raised their target price on shares of XPLR Infrastructure from $13.00 to $16.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Finally, Mizuho decreased their target price on shares of XPLR Infrastructure from $15.00 to $12.00 and set a "neutral" rating for the company in a research note on Monday, May 12th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, XPLR Infrastructure currently has a consensus rating of "Hold" and a consensus price target of $16.77.

XPLR Infrastructure Price Performance

The company's 50-day moving average is $8.82 and its two-hundred day moving average is $9.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.85 and a quick ratio of 1.76. The firm has a market cap of $893.94 million, a P/E ratio of -5.01 and a beta of 0.91.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The solar energy provider reported ($1.05) earnings per share for the quarter, missing the consensus estimate of $0.25 by ($1.30). XPLR Infrastructure had a positive return on equity of 1.64% and a negative net margin of 14.10%. During the same quarter in the prior year, the firm posted $0.75 EPS. XPLR Infrastructure's quarterly revenue was up 9.7% compared to the same quarter last year. Sell-side analysts anticipate that XPLR Infrastructure, LP will post 2.33 EPS for the current fiscal year.

XPLR Infrastructure Company Profile

XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.