Favorable Press Coverage Likely to Affect SandRidge Energy (SD) Stock Price
News coverage about SandRidge Energy (NYSE:SD) has trended positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty 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. SandRidge Energy earned a news sentiment score of 0.31 on Accern’s scale. Accern also assigned news stories about the oil and natural gas company an impact score of 70 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the next few days.
Several equities research analysts recently commented on the company. Zacks Investment Research raised SandRidge Energy from a “strong sell” rating to a “hold” rating in a report on Thursday, June 1st. Mizuho assumed coverage on SandRidge Energy in a research note on Tuesday, April 25th. They set a “buy” rating and a $25.00 target price for the company. Finally, Seaport Global Securities cut SandRidge Energy from a “buy” rating to a “neutral” rating and set a $17.00 target price for the company. in a research note on Wednesday, June 21st.
SandRidge Energy (NYSE SD) traded down 1.83% during midday trading on Wednesday, reaching $17.21. The company’s stock had a trading volume of 10,046 shares. SandRidge Energy has a 52 week low of $15.03 and a 52 week high of $26.85. The firm’s 50-day moving average price is $18.69 and its 200-day moving average price is $19.71. The stock has a market capitalization of $586.45 million and a PE ratio of 4.36.
WARNING: This piece was reported by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://www.dailypolitical.com/2017/07/05/favorable-press-coverage-likely-to-affect-sandridge-energy-sd-stock-price.html.
About SandRidge Energy
SandRidge Energy, Inc is an oil and natural gas company. The Company is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. It operates through two segments: exploration and production, which is engaged in the exploration and production of oil and natural gas properties and includes its proportionate share of the activities of the SandRidge Mississippian Trust I, SandRidge Mississippian Trust II and SandRidge Permian Trust (the Royalty Trusts), and midstream services, which coordinates the delivery of electricity to its exploration and production operations in the Mid-Continent.
Receive News & Ratings for SandRidge Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SandRidge Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.