Viper Energy Partners LP (VNOM) Reaches $26.38 After 5.00% Down Move; MARIJUANA COMPANY OF AMERICA (MCOA) Shorts Down By 99.94%

June 15, 2018 - By Ash

Marijuana Company of America, Inc. (OTCMKTS:MCOA) Logo

MARIJUANA COMPANY OF AMERICA INC (OTCMKTS:MCOA) had a decrease of 99.94% in short interest. MCOA’s SI was 100 shares in June as released by FINRA. Its down 99.94% from 162,000 shares previously. The stock decreased 5.64% or $0.0023 during the last trading session, reaching $0.0385. About 9.54 million shares traded or 59.51% up from the average. Marijuana Company of America, Inc. (OTCMKTS:MCOA) has 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

The stock of Viper Energy Partners LP (NASDAQ:VNOM) is a huge mover today! The stock decreased 2.84% or $0.77 during the last trading session, reaching $26.38. About 491,020 shares traded. Viper Energy Partners LP (NASDAQ:VNOM) has risen 84.79% since June 15, 2017 and is uptrending. It has outperformed by 72.22% the S&P500. Some Historical VNOM News: ; 10/04/2018 – Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Its First Quarter 2018 Cash Distribution and Provides an Update on First Quarter Production; 26/03/2018 – Investor Expectations to Drive Momentum within Agnico Eagle Mines, Rogers, Cemex S.A.B. de C.V, Aegion, Viper Energy Partners L; 03/05/2018 – VIPER ENERGY PARTNERS LP VNOM.O : CITIGROUP RAISES TARGET PRICE TO $29 FROM $24; 15/03/2018 Viper Energy Non-Deal Roadshow Set By SunTrust for Mar. 22-23; 13/04/2018 – R.J. Reynolds Viper Co. Announces Voluntary Recall of Vuse Vibe Power Units; 29/03/2018 – VIPER ENERGY SEEKS TO CHANGE STATUS TO TAXABLE ENTITY; 12/04/2018 – Horsepower History: Dodge//SRT Teams with Barrett-Jackson to Auction Last 2018 Dodge Challenger SRT Demon and 2017 Dodge Viper; 01/05/2018 – VIPER ENERGY 1Q EPU 38C, EST. 36C; 09/05/2018 – Viper Energy Partners LP, A Subsidiary Of Diamondback Energy, Inc., Announces Effective Date Of Tax Status Change From Pass-Thr; 24/04/2018 – US OIL & GAS EXPLORATION & PRODUCTION : CREDIT SUISSE SAYS EQT CORP AND RANGE RESOURCES CORP ARE TOP GAS PICKSThe move comes after 7 months negative chart setup for the $3.00 billion company. It was reported on Jun, 15 by Barchart.com. We have $25.06 PT which if reached, will make NASDAQ:VNOM worth $150.20 million less.

Marijuana Company of America, Inc., a cannabis and hemp company, engages in the marketing, sale, and delivery of medical marijuana in the United States and internationally. The company has market cap of $85.75 million. The firm offers hemp solutions for health and beauty, and a range of accessories and clothing derived from hemp under the HempSmart brand name. It currently has negative earnings. It also offers its products through hempSMART.com.

Analysts await Viper Energy Partners LP (NASDAQ:VNOM) to report earnings on August, 7. They expect $0.35 EPS, up 52.17% or $0.12 from last year’s $0.23 per share. VNOM’s profit will be $39.86 million for 18.84 P/E if the $0.35 EPS becomes a reality. After $0.38 actual EPS reported by Viper Energy Partners LP for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.

Among 15 analysts covering Viper Energy Partners (NASDAQ:VNOM), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. Viper Energy Partners has $3500 highest and $17 lowest target. $24.87’s average target is -5.72% below currents $26.38 stock price. Viper Energy Partners had 45 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, August 2 by Stifel Nicolaus. On Wednesday, August 23 the stock rating was upgraded by Mizuho to “Buy”. UBS upgraded the shares of VNOM in report on Tuesday, December 5 to “Buy” rating. Mizuho initiated Viper Energy Partners LP (NASDAQ:VNOM) on Thursday, October 6 with “Neutral” rating. The stock of Viper Energy Partners LP (NASDAQ:VNOM) earned “Buy” rating by Stifel Nicolaus on Thursday, May 3. The rating was maintained by Stifel Nicolaus on Wednesday, January 17 with “Buy”. As per Wednesday, February 21, the company rating was downgraded by Citigroup. Northland Capital maintained the shares of VNOM in report on Thursday, February 8 with “Buy” rating. The company was downgraded on Monday, June 4 by Stifel Nicolaus. SunTrust maintained the shares of VNOM in report on Monday, April 16 with “Buy” rating.

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. The company has market cap of $3.00 billion. The firm holds mineral interests covering an area of approximately 30,442 net acres in the Permian Basin, West Texas. It has a 24.68 P/E ratio. As of December 31, 2015, its estimated proved oil and natural gas reserves consisted of 31,435 thousand barrels of crude oil equivalent.

Another recent and important Viper Energy Partners LP (NASDAQ:VNOM) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in Meritage, AllianceBernstein Holding, Viper Energy Partners LP, Huron …” on May 21, 2018.

Viper Energy Partners LP (NASDAQ:VNOM) Ratings Chart

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