Stock analysts at SunTrust raised their target price on shares of Halcon Resources Corp (NYSE:HK) from $7.00 to $9.00 in a report issued on Monday. SunTrust’s price target suggests a potential upside of 28.76% from the company’s current price. Halcon Resources Corp (NYSE:HK) shares after opening at $7.04 moved to $7.17 on last trade day and at the end of the day closed at $7.14. Company price to sales ratio in past twelve months was calculated as 2.77 and price to cash ratio as 7505.57. Halcon Resources Corp (NYSE:HK) showed a positive weekly performance of 2.15%.
Equities researchers at JMP Securities dropped their target price on shares of Hovnanian Enterprises (NYSE:HOV) from $4.50 to $4.00 in a research report issued on Thursday. JMP Securities’ price target suggests a potential downside of 12.09% from the stock’s previous close. Hovnanian Enterprises, Inc. (NYSE:HOV) shares advanced 5.79% in last trading session and ended the day on $5.30. HOV return on equity ratio is recorded as -1.50% and its return on assets is 0.50%. Hovnanian Enterprises, Inc. (NYSE:HOV) yearly performance is -4.16%.
Abraxas Petroleum Corp. (NASDAQ:AXAS) announced the closing of its public offering of 11,500,000 shares of common stock including 1,500,000 shares sold pursuant to the exercise by the underwriters of their full option to purchase additional shares at a price of $5.00 per share, less applicable underwriting discounts. Abraxas Petroleum Corp. (NASDAQ:AXAS) shares moved up 2.98% in last trading session and was closed at $6.23, while trading in range of $6.00-$6.24. Abraxas Petroleum Corp. (NASDAQ:AXAS) year to date performance is 91.10%.
Cheniere Energy (NYSE:LNG) VP R Keith Teague sold 25,000 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $66.94, for a total value of $1,673,500.00. Following the completion of the sale, the vice president now directly owns 976,591 shares of the company’s stock, valued at approximately $65,373,002.Cheniere Energy, Inc. (NYSEMKT:LNG) weekly performance is 1.97%. On last trading day company shares ended up $69.95. Cheniere Energy, Inc. (NYSEMKT:LNG) distance from 50-day simple moving average is 14.05%. Analysts mean target price for the company is $75.11.
Warren Resources holds a Zacks Rank #3 (Hold). Warren Resources, Inc. (NASDAQ:WRES) shares after opening at $5.91 moved to $6.22 on last trade day and at the end of the day closed at $6.03. Company price to sales ratio in past twelve months was calculated as 3.36 and price to cash ratio as 246.66. Warren Resources, Inc. (NASDAQ:WRES) showed a positive weekly performance of 17.77%.
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