Westlake Chemical Partners (NYSE:WLKP) Lowered to “Buy” at StockNews.com

Westlake Chemical Partners (NYSEWLKP) is a company that operates in the chemicals industry. The company produces and sells various chemicals, including ethylene oxide, vinyl acetate monomer, and polyethylene glycol.

On Friday, StockNews.com issued a report on Westlake Chemical Partners, changing its rating from strong-buy to buy. This means that the company is still considered a good investment opportunity, but the strength of the recommendation has been slightly reduced.

The report also provided information on the company's stock performance. On Friday, Westlake Chemical Partners stock opened at $22.37. The company's debt-to-equity ratio is 0.46, which indicates that the company has a relatively low level of debt compared to its equity. The quick ratio and current ratio are both 3.00, which suggests that the company has enough liquid assets to cover its short-term obligations.

It's worth noting that this report is just one source of information about Westlake Chemical Partners and its stock performance. Investors should consider a variety of factors when making investment decisions, including the company's financial statements, industry trends, and overall market conditions.