News stories about Halcon Resources (NYSE:HK) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Halcon Resources earned a news impact score of 0.04 on Accern’s scale. Accern also gave headlines about the energy company an impact score of 47.6551019887799 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Halcon Resources (NYSE HK) opened at $7.05 on Thursday. The firm has a market cap of $1,086.11, a price-to-earnings ratio of 1.76 and a beta of 3.97. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.35. Halcon Resources has a 52 week low of $3.68 and a 52 week high of $9.61.

Several equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Halcon Resources from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. Bank of America decreased their price objective on shares of Halcon Resources from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Wednesday, February 7th. Johnson Rice upgraded shares of Halcon Resources from an “accumulate” rating to a “buy” rating in a research note on Wednesday, October 18th. Roth Capital set a $13.00 price objective on shares of Halcon Resources and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Finally, ValuEngine downgraded shares of Halcon Resources from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $9.83.

In other news, Director Ares Management Llc bought 1,113,466 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of $6.90 per share, for a total transaction of $7,682,915.40. Following the completion of the purchase, the director now owns 53,114 shares of the company’s stock, valued at $366,486.60. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Franklin Resources Inc sold 329,743 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $6.67, for a total transaction of $2,199,385.81. The disclosure for this sale can be found here. Insiders sold 6,247,483 shares of company stock valued at $50,187,886 over the last 90 days. Insiders own 53.90% of the company’s stock.

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Halcon Resources Company Profile

Halcon Resources Corporation is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. The Company’s estimated total proved oil and natural gas reserves are approximately 146.8 million barrels of oil equivalent (MMBoe), consisting of over 120.7 million barrels of oil (MMBbls), approximately 13.0 MMBbls of natural gas liquids and over 78.4 billion cubic feet (Bcf) of natural gas.

Insider Buying and Selling by Quarter for Halcon Resources (NYSE:HK)

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