Torchlight Energy Resources (TRCH) Given Daily News Impact Rating of 0.20
Headlines about Torchlight Energy Resources (NASDAQ:TRCH) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Torchlight Energy Resources earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 46.8624108012054 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Torchlight Energy Resources (NASDAQ TRCH) traded down 3.68% during trading on Friday, reaching $1.31. The company had a trading volume of 266,084 shares. The firm has a 50-day moving average of $1.28 and a 200 day moving average of $1.41. The firm’s market capitalization is $78.88 million. Torchlight Energy Resources has a 52 week low of $0.66 and a 52 week high of $1.96.
Torchlight Energy Resources Company Profile
Torchlight Energy Resources, Inc (Torchlight) is engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. The Company focuses on drilling and working interest programs within the United States. The Company has interests in approximately four oil and gas projects: the Marcelina Creek Field Development in Wilson County, Texas; the Ring Energy Joint Venture in Southwest Kansas; Hunton wells in partnership with Husky Ventures in Central Oklahoma, and the Orogrande Project in Hudspeth County, Texas.
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