Alpine Summit Energy Partners, Inc. (NASDAQ:ALPS – Get Rating) shares were down 22.3% on Wednesday . The stock traded as low as $0.62 and last traded at $0.64. Approximately 376,624 shares changed hands during trading, an increase of 547% from the average daily volume of 58,176 shares. The stock had previously closed at $0.82.

Alpine Summit Energy Partners Price Performance

The firm's fifty day moving average price is $2.96.

Alpine Summit Energy Partners Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 28th. Stockholders of record on Tuesday, February 14th were given a $0.032 dividend. The ex-dividend date of this dividend was Monday, February 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 60.24%.

Institutional Investors Weigh In On Alpine Summit Energy Partners

Large investors have recently modified their holdings of the business. UBS Group AG acquired a new position in shares of Alpine Summit Energy Partners in the 3rd quarter worth approximately $25,000. Royal Bank of Canada purchased a new position in shares of Alpine Summit Energy Partners in the third quarter valued at $39,000. Diversified Trust Co purchased a new position in Alpine Summit Energy Partners during the fourth quarter valued at approximately $50,000. Woodmont Investment Counsel LLC purchased a new stake in Alpine Summit Energy Partners in the third quarter valued at approximately $168,000. Finally, Cutter & CO Brokerage Inc. bought a new stake in Alpine Summit Energy Partners in the 3rd quarter worth approximately $237,000. Institutional investors and hedge funds own 0.37% of the company's stock.

Alpine Summit Energy Partners Company Profile

(Get Rating)

Alpine Summit Energy Partners, Inc operates as an energy developer in the United States. It has various oil and gas assets in the Austin Chalk and Eagle Ford formations in the Giddings Field near Austin, Texas. The company was founded in 2018 and is headquartered in Nashville, Tennessee.

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