SilverBow Resources (SBOW) Earns Daily Coverage Optimism Rating of 0.18
News headlines about SilverBow Resources (NYSE:SBOW) have been trending somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. SilverBow Resources earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.7592346571757 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
SilverBow Resources (SBOW) opened at $22.55 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.55 and a quick ratio of 0.55. SilverBow Resources has a 1 year low of $19.89 and a 1 year high of $35.70.
Several research analysts have commented on SBOW shares. BidaskClub raised SilverBow Resources from a “strong sell” rating to a “sell” rating in a research report on Friday, September 15th. Stephens started coverage on SilverBow Resources in a research report on Friday, September 29th. They issued an “overweight” rating and a $28.00 price target on the stock. Zacks Investment Research raised SilverBow Resources from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Seaport Global Securities started coverage on SilverBow Resources in a research report on Tuesday, August 1st. They issued a “neutral” rating and a $25.00 price target on the stock. Finally, Northland Securities started coverage on SilverBow Resources in a research report on Thursday, September 28th. They issued an “outperform” rating and a $42.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $31.67.
In other SilverBow Resources news, CEO Sean C. Woolverton purchased 1,043 shares of the company’s stock in a transaction on Friday, September 15th. The shares were bought at an average cost of $24.29 per share, with a total value of $25,334.47. Following the transaction, the chief executive officer now directly owns 64,847 shares in the company, valued at approximately $1,575,133.63. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sean C. Woolverton purchased 1,119 shares of the company’s stock in a transaction on Monday, October 16th. The stock was acquired at an average cost of $22.86 per share, for a total transaction of $25,580.34. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 5,550 shares of company stock worth $127,280.
About SilverBow Resources
Receive News & Ratings for SilverBow Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverBow Resources Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.