ProShares UltraPro Short QQQ (SQQQ) Is At $16.85 Formed Wedge; Stanley (SXE)’s Sentiment Is 1

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. The company has market cap of $170.57 million. The firm also offers natural gas liquid fractionation and transportation services. It currently has negative earnings. In addition, it supplies natural gas to industrial, commercial, and power generation customers, as well as local distribution companies.

ProShares UltraPro Short QQQ (SQQQ) formed wedge down with $16.34 target or 3.00% below today’s $16.85 share price. ProShares UltraPro Short QQQ (SQQQ) has $487.87 million valuation. The stock increased 2.31% or $0.38 during the last trading session, reaching $16.85. About 11.48 million shares traded or 84.23% up from the average. ProShares UltraPro Short QQQ (NASDAQ:SQQQ) has declined 59.78% since January 31, 2017 and is downtrending. It has underperformed by 76.48% the S&P500.

Analysts await Southcross Energy Partners, L.P. (NYSE:SXE) to report earnings on March, 8. They expect $-0.21 EPS, up 63.79% or $0.37 from last year’s $-0.58 per share. After $-0.24 actual EPS reported by Southcross Energy Partners, L.P. for the previous quarter, Wall Street now forecasts -12.50% EPS growth.

The stock increased 0.95% or $0.02 during the last trading session, reaching $2.12. About 174,128 shares traded. Southcross Energy Partners, L.P. (SXE) has risen 119.90% since January 31, 2017 and is uptrending. It has outperformed by 103.20% the S&P500.

Freestone Capital Holdings Llc holds 0.05% of its portfolio in Southcross Energy Partners, L.P. for 311,688 shares. Quinn Opportunity Partners Llc owns 59,846 shares or 0.02% of their US portfolio. Moreover, Acadian Asset Management Llc has 0% invested in the company for 267,675 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 202 shares.