TheStreet lowered shares of Adams Resources & Energy Inc. (NYSEMKT:AE) from a hold rating to a sell rating in a research note released on Tuesday.
Adams Resources & Energy (NYSEMKT:AE) opened at 40.50 on Tuesday. The company has a 50 day moving average price of $37.14 and a 200 day moving average price of $36.71. The stock’s market cap is $170.79 million. Adams Resources & Energy has a 52 week low of $29.64 and a 52 week high of $44.88.
Adams Resources & Energy (NYSEMKT:AE) last released its quarterly earnings data on Tuesday, November 8th. The company reported ($0.51) earnings per share (EPS) for the quarter. The business had revenue of $256.88 million for the quarter, compared to the consensus estimate of $439.89 million. During the same period in the previous year, the company earned ($0.07) EPS.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 19th. Stockholders of record on Monday, December 5th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, December 1st. This represents a $0.88 annualized dividend and a dividend yield of 2.17%. Adams Resources & Energy’s dividend payout ratio (DPR) is -96.70%.