Niska Gas Storage (NYSE:NKA) was downgraded by Barclays to an “underweight” rating in a research note issued on Monday, American Banking & Market News reports.
Shares of Niska Gas Storage (NYSE:NKA) opened at 15.85 on Monday. Niska Gas Storage has a one year low of $11.51 and a one year high of $17.00. The stock has a 50-day moving average of $15.1 and a 200-day moving average of $15.03. The company’s market cap is $559.5 million.
Niska Gas Storage (NYSE:NKA) last posted its quarterly earnings results on Thursday, January 30th. The company reported ($0.37) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.24 by $0.61. Analysts expect that Niska Gas Storage will post $0.39 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, February 18th. Investors of record on Monday, February 10th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 8.83%. The ex-dividend date is Thursday, February 6th.
Niska Gas Storage Partners LLC is an independent owner and operator of natural gas storage assets in North America.
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