SilverBow Resources (SBOW) Getting Somewhat Positive News Coverage, Analysis Finds
Press coverage about SilverBow Resources (NYSE:SBOW) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SilverBow Resources earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.1347142685192 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- SilverBow Resources Inc. (SBOW) CFO Purchases $17,112.00 in Stock (americanbankingnews.com)
- SilverBow Resources, Inc. :SBOW-US: Earnings Analysis: Q2, 2017 By the Numbers : September 4, 2017 (finance.yahoo.com)
- Zacks: SilverBow Resources Inc. (SBOW) Given $25.00 Average Price Target by Brokerages (americanbankingnews.com)
- SilverBow Resources : Updates Operations After Hurricane Harvey (4-traders.com)
SBOW has been the topic of a number of analyst reports. Johnson Rice initiated coverage on SilverBow Resources in a research report on Thursday, June 8th. They set a “buy” rating on the stock. Seaport Global Securities initiated coverage on SilverBow Resources in a research report on Tuesday, August 1st. They set a “neutral” rating and a $25.00 target price on the stock.
Shares of SilverBow Resources (NYSE:SBOW) opened at 22.47 on Thursday. The stock’s 50 day moving average price is $22.85 and its 200-day moving average price is $26.01. SilverBow Resources has a 52-week low of $19.89 and a 52-week high of $35.70. The firm has a market capitalization of $258.99 million and a PE ratio of 0.56.
In other news, CEO Sean C. Woolverton purchased 1,106 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased at an average cost of $22.72 per share, with a total value of $25,128.32. Following the completion of the acquisition, the chief executive officer now directly owns 63,804 shares of the company’s stock, valued at approximately $1,449,626.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sean C. Woolverton purchased 982 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The shares were purchased at an average cost of $25.49 per share, with a total value of $25,031.18. Following the completion of the acquisition, the chief executive officer now directly owns 62,698 shares of the company’s stock, valued at $1,598,172.02. The disclosure for this purchase can be found here. Insiders have purchased 5,048 shares of company stock valued at $126,626 over the last three months.
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About SilverBow Resources
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