Stock price performance of Halcon Resources Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 11.39% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -24.74% . Looking at the past 52 week period, the stock price is down -40.45% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Halcon Resources Corporation has a negative value of -71.33 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.65% and the 50-Day Moving Average is 0.37%.The 200 Day SMA reached 94.68%
Halcon Resources Corporation is having a Relative Strength Index of 55.48 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Halcon Resources Corporation (NYSE:HK) rallied by 4.17% during the past week but lost 3.06% on a 4-week basis. The company has outperformed the S&P 500 by 4.05% in the past week but underperformed the index by 3.93% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Jon C. Wright (EVP, Operations) sold 10,000 shares at 8.60 per share price.On Dec 9, 2016, David S Elkouri (EVP and CLO) sold 100 shares at 8.57 per share price.On Dec 9, 2016, Floyd C Wilson (Chairman, CEO & President) sold 10,000 shares at 8.72 per share price.
Halcon Resources Corp Last issued its quarterly earnings results on May 9, 2016. The company reported $0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.25. Analyst had a consensus of $-0.04. The company had revenue of $81.30 million for the quarter, compared to analysts expectations of $174.94 million. The companys revenue was down -40.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.04 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Halcon Resources Corp was Upgraded by CapitalOne to Overweight on Jan 25, 2017.
Halcon Resources Corporation (NYSE:HK) : On Friday heightened volatility was witnessed in Halcon Resources Corporation (NYSE:HK) which led to swings in the share price. The stock opened for trading at $9.09 and hit $9.53 on the upside , eventually ending the session at $9.49, with a gain of 4.63% or 0.42 points. The heightened volatility saw the trading volume jump to 1,808,572 shares. The 52-week high of the share price is $50.999592 and the company has a market cap of $882 million. The 52-week low of the share price is at $7.47994 .
Halcon Resources Corporation is an energy company engaged in the acquisition, exploration and development of onshore oil and natural gas properties in the United States. The Company operates in Wichita, Wilbarger and Starr Counties in Texas, Pontotoc and Seminole Counties, Oklahoma, and Louisiana. Halcon Resources Corporation, formerly known as RAM Energy Resources, Inc., is based in Louisiana, USA.