Somewhat Positive Press Coverage Somewhat Unlikely to Affect Saturn Oil & Gas (SMI) Share Price
Media stories about Saturn Oil & Gas (NYSE:SMI) have been trending somewhat positive on Saturday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Saturn Oil & Gas earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.6633792135838 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
SMI has been the subject of a number of analyst reports. ValuEngine cut Saturn Oil & Gas from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research upgraded Saturn Oil & Gas from a “sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Citigroup Inc. cut Saturn Oil & Gas from a “buy” rating to a “neutral” rating in a research note on Thursday, August 10th. BNP Paribas cut Saturn Oil & Gas from a “hold” rating to a “reduce” rating in a research note on Wednesday, August 9th. Finally, BidaskClub cut Saturn Oil & Gas from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Seven analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Saturn Oil & Gas presently has an average rating of “Hold”.
Saturn Oil & Gas (SMI) traded down C$0.02 during mid-day trading on Friday, hitting C$8.74. The company had a trading volume of 601,566 shares, compared to its average volume of 451,129. Saturn Oil & Gas has a twelve month low of C$4.49 and a twelve month high of C$9.14.
Saturn Oil & Gas (NYSE:SMI) last issued its earnings results on Tuesday, August 8th. The company reported C$0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.05 by C($0.01). Saturn Oil & Gas had a return on equity of 3.11% and a net margin of 4.44%. The company had revenue of C$751.19 million during the quarter, compared to analyst estimates of C$757.00 million. During the same period in the prior year, the business earned $0.11 earnings per share.
Saturn Oil & Gas Company Profile
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