CVR Partners (NYSE:UAN) Issues Quarterly Earnings Results

CVR Partners (NYSE:UAN) issued its earnings results on Tuesday. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, Zacks reports. CVR Partners had a return on equity of 17.65% and a net margin of 9.97%.

CVR Partners Trading Up 2.4 %

Shares of CVR Partners stock traded up $1.86 on Tuesday, reaching $79.26. The company had a trading volume of 40,421 shares, compared to its average volume of 31,920. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 15.95 and a beta of 1.35. The company has a debt-to-equity ratio of 1.91, a current ratio of 2.15 and a quick ratio of 1.44. The firm’s 50-day moving average price is $78.34 and its two-hundred day moving average price is $73.44. CVR Partners has a 1 year low of $61.62 and a 1 year high of $88.94.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised CVR Partners from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 13th.

Insider Transactions at CVR Partners

In other CVR Partners news, major shareholder Carl C. Icahn acquired 3,068 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was bought at an average price of $71.19 per share, for a total transaction of $218,410.92. Following the acquisition, the insider now directly owns 106,029 shares in the company, valued at $7,548,204.51. The trade was a 2.98 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders purchased 26,923 shares of company stock worth $1,996,334.

About CVR Partners

CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors.