Morgan Stanley boosted its position

Morgan Stanley boosted its position in shares of Emerge Energy Services LP (NASDAQ:EMES) by 170.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 830,706 shares of the company’s stock after buying an additional 523,070 shares during the period. Morgan Stanley owned 3.44% of Emerge Energy Services worth $3,846,000 as of its most recent SEC filing.

Shares of Emerge Energy Services LP (NASDAQ:EMES) opened at 5.66 on Monday. The company’s market cap is $136.78 million. Emerge Energy Services LP has a 12-month low of $1.97 and a 12-month high of $54.20. The stock’s 50 day moving average price is $3.93 and its 200 day moving average price is $6.60.

Emerge Energy Services (NASDAQ:EMES) last announced its quarterly earnings data on Thursday, February 25th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.28) by $0.13. During the same quarter in the previous year, the business earned $1.01 EPS. The firm earned $130.50 million during the quarter, compared to analysts’ expectations of $172.78 million.

The company’s revenue was down 46.2% on a year-over-year basis. On average, analysts forecast that Emerge Energy Services LP will post ($1.64) EPS for the current year.