Impact of Brokerage Rating on Halcon Resources Corporation(HK)

Many Halcon Resources Corporation(HK) 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.

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.

Halcon Resources Corporation (NYSE:HK) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.4 by 5 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.

Halcon Resources Corporation (NYSE:HK) stock has received a short term price target of $ 14.79 from 5 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.91. The higher estimate of target price is $17 , while the lower price target estimate is $12

Halcon Resources Corporation (NYSE:HK) rose 0.21% or 0.02 points on Tuesday and made its way into the gainers of the day. After trading began at $9.49 the stock was seen hitting $9.57 as a peak level and $9.31 as the lowest level. The stock ended up at $9.48. The daily volume was measured at 672,295 shares. The 52-week high of the share price is $50.999592 and the 52-week low is $7.47994. The company has a market cap of $882 million.

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.


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