SilverBow Resources (SBOW) Receiving Somewhat Positive Press Coverage, Study Shows
Press coverage about SilverBow Resources (NYSE:SBOW) has trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group scores 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 nearest to one being the most favorable. SilverBow Resources earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.6613658407884 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- SilverBow Resources Inc. (SBOW) Raised to Hold at Zacks Investment Research (americanbankingnews.com)
- SilverBow Resources Announces Fall Borrowing Base Redetermination (finance.yahoo.com)
- SilverBow Resources names Adam COO (ogfj.com)
- Houston energy co. hires COO from Sanchez after eventful year (finance.yahoo.com)
- SilverBow Resources Announces the Appointment of Steven W. Adam as Chief Operating Officer (finance.yahoo.com)
Shares of SilverBow Resources (NYSE:SBOW) traded down $0.30 during trading hours on Monday, hitting $23.43. 36,700 shares of the company were exchanged, compared to its average volume of 36,853. 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 12-month low of $19.89 and a 12-month high of $35.70.
A number of brokerages recently weighed in on SBOW. Seaport Global Securities began coverage on shares of SilverBow Resources in a research report on Tuesday, August 1st. They set a “neutral” rating and a $25.00 target price for the company. BidaskClub lowered shares of SilverBow Resources from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 7th. Stephens began coverage on shares of SilverBow Resources in a research report on Friday, September 29th. They set an “overweight” rating and a $28.00 target price for the company. Northland Securities began coverage on shares of SilverBow Resources in a research report on Thursday, September 28th. They set an “outperform” rating and a $42.00 target price for the company. Finally, Zacks Investment Research lowered shares of SilverBow Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. SilverBow Resources presently has a consensus rating of “Hold” and a consensus price target of $31.67.
In related news, CEO Sean C. Woolverton purchased 1,119 shares of SilverBow Resources stock in a transaction that occurred on Monday, October 16th. The shares were bought at an average price of $22.86 per share, with a total value of $25,580.34. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Sean C. Woolverton purchased 1,106 shares of SilverBow Resources stock in a transaction that occurred on Tuesday, August 15th. The stock was bought at an average cost of $22.72 per share, for a total transaction of $25,128.32. Following the purchase, the chief executive officer now directly owns 63,804 shares in the company, valued at $1,449,626.88. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 5,554 shares of company stock valued at $127,536.
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 MarketBeat.com's FREE daily email newsletter.