Southcross Energy Partners, L.P. (SXE) Forms $1.68 Double Bottom; MDXHEALTH SA ORDINARY SHARES BELGIUM (MXDHF) Sellers Decreased By 3.19% Their Shorts

April 12, 2018 - By Danny Collins

MDxHealth SA (OTCMKTS:MXDHF) Logo

Southcross Energy Partners, L.P. (SXE) formed double bottom with $1.60 target or 5.00% below today’s $1.68 share price. Southcross Energy Partners, L.P. (SXE) has $136.27 million valuation. The stock decreased 0.59% or $0.01 during the last trading session, reaching $1.68. About 186,776 shares traded or 42.40% up from the average. Southcross Energy Partners, L.P. (NYSE:SXE) has declined 50.00% since April 12, 2017 and is downtrending. It has underperformed by 61.55% the S&P500.

MDXHEALTH SA ORDINARY SHARES BELGIUM (OTCMKTS:MXDHF) had a decrease of 3.19% in short interest. MXDHF’s SI was 100,300 shares in April as released by FINRA. Its down 3.19% from 103,600 shares previously. With 2,100 avg volume, 48 days are for MDXHEALTH SA ORDINARY SHARES BELGIUM (OTCMKTS:MXDHF)’s short sellers to cover MXDHF’s short positions. The SI to MDXHEALTH SA ORDINARY SHARES BELGIUM’s float is 0.27%. It closed at $4.2 lastly. It is down 0.00% since April 12, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Southcross Energy Partners, L.P. (NYSE:SXE) to report earnings on May, 8. They expect $-0.22 earnings per share, down 15.79% or $0.03 from last year’s $-0.19 per share. After $-0.21 actual earnings per share reported by Southcross Energy Partners, L.P. for the previous quarter, Wall Street now forecasts 4.76% negative EPS growth.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.15, from 1 in 2017Q3. It turned negative, as 5 investors sold Southcross Energy Partners, L.P. shares while 8 reduced holdings. 6 funds opened positions while 5 raised stakes. 2.17 million shares or 24.05% more from 1.75 million shares in 2017Q3 were reported. Quinn Opportunity Limited Liability reported 66,246 shares. California Public Employees Retirement Systems invested in 0% or 18,400 shares. Bank & Trust Of America Corp De owns 0% invested in Southcross Energy Partners, L.P. (NYSE:SXE) for 320,571 shares. Brookfield Asset Mngmt reported 211,000 shares. Renaissance Tech Ltd Limited Liability Company reported 147,872 shares or 0% of all its holdings. Royal State Bank Of Canada reported 30,400 shares or 0% of all its holdings. Manufacturers Life Ins Company The invested in 422 shares. Acadian Asset Mgmt Ltd Liability Company stated it has 0% in Southcross Energy Partners, L.P. (NYSE:SXE). Barclays Public Limited Com owns 102 shares or 0% of their US portfolio. Wells Fargo Mn accumulated 301 shares or 0% of the stock. Center Coast L P owns 211,000 shares. Symphony Asset Management Ltd Liability Corporation stated it has 0.03% of its portfolio in Southcross Energy Partners, L.P. (NYSE:SXE). Deutsche Bancorporation Ag has 148,600 shares. Goldman Sachs Group invested 0% of its portfolio in Southcross Energy Partners, L.P. (NYSE:SXE). Freestone Capital Holding Ltd Liability Corp stated it has 81,600 shares or 0.01% of all its holdings.

Among 8 analysts covering Southcross Energy Partners (NYSE:SXE), 0 have Buy rating, 3 Sell and 5 Hold. Therefore 0 are positive. Southcross Energy Partners has $10 highest and $0.50 lowest target. $4.50’s average target is 167.86% above currents $1.68 stock price. Southcross Energy Partners had 14 analyst reports since August 8, 2015 according to SRatingsIntel. JP Morgan downgraded Southcross Energy Partners, L.P. (NYSE:SXE) on Thursday, March 17 to “Underweight” rating. Raymond James downgraded the shares of SXE in report on Monday, August 10 to “Outperform” rating. The stock of Southcross Energy Partners, L.P. (NYSE:SXE) earned “Buy” rating by Stifel Nicolaus on Monday, August 10. Wunderlich reinitiated it with “Buy” rating and $9.0 target in Tuesday, October 20 report. The rating was upgraded by Raymond James on Thursday, November 2 to “Market Perform”. The stock of Southcross Energy Partners, L.P. (NYSE:SXE) earned “Sell” rating by Stifel Nicolaus on Thursday, March 17. The rating was downgraded by Stifel Nicolaus to “Buy” on Saturday, August 8. Wells Fargo downgraded the shares of SXE in report on Friday, January 8 to “Market Perform” rating. On Friday, January 8 the stock rating was downgraded by Wunderlich to “Hold”. The rating was downgraded by Citigroup to “Neutral” on Monday, January 11.

Southcross Energy Partners, L.P. (NYSE:SXE) Institutional Positions Chart