Is Martin Midstream Partners LP (MMLP) Stock About to Get Hot Thursday?

Overall market sentiment has been high on Martin Midstream Partners LP (MMLP) stock lately. MMLP receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Martin Midstream Partners LP has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MMLP!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With MMLP Stock Today?

Martin Midstream Partners LP (MMLP) stock is lower by -8.2% while the S&P 500 has risen 0.13% as of 1:25 PM on Thursday, Aug 31. MMLP is lower by -$0.25 from the previous closing price of $3.05 on volume of 458,202 shares. Over the past year the S&P 500 is up 13.41% while MMLP is lower by -32.53%. MMLP lost -$0.82 per share in the over the last 12 months. To screen for more stocks like Martin Midstream Partners LP click here.

More About Martin Midstream Partners LP

Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and natural gas liquids marketing, distribution and transportation services. It generates maximum revenue from the Natural gas liquids segment. Click Here to get the full Stock Report for Martin Midstream Partners LP stock.