Halcon Resources Corp (NYSE:HK)‘s stock had its “hold” rating restated by equities research analysts at Canaccord Genuity in a research note issued to investors on Wednesday, Stock Ratings Network reports. They currently have a $4.75 target price on the stock. Canaccord Genuity’s price target would suggest a potential downside of 11.05% from the company’s current price. Halcon Resources Corp (NYSE:HK)shares after opening at $5.38 moved to $5.39 on last trade day and at the end of the day closed at $5.21. Company price to sales ratio in past twelve months was calculated as 2.19 and price to cash ratio as 782.47. Halcon Resources Corp (NYSE:HK) showed a positive weekly performance of 4.41%.
SandRidge Energy (NYSE:SD) surged 4.17% on April 17, and closed above a short-term range signaling another advance. The price now looks poised to test the October high at $6.96. Over the longer term the stock has a tendency to move in big ranges, therefore $7 could be a road block for the buyers. Additional resistance is near $7.40. Short-term traders can trade the breakout, with a target just below $7 and stop below $6.60. Alternatively, wait for a pullback toward $6.60 to go long, with a stop just below. While an uptrend is currently in place, with major overhead resistance and conflicting long-term evidence, it is too early to say whether this stock will continue to trend higher over the long-term. Therefore, the sharp moves favor day and swing traders. SandRidge Energy Inc. (NYSE:SD) shares fell -0.58 % in last trading session and ended the day on $6.83. SD return on equity ratio is recorded as -59.50% and its return on assets is -14.30%. SandRidge Energy Inc. (NYSE:SD) yearly performance is 47.52%.
Kodiak Oil & Gas Corp (USA) (NYSE:KOG) had coverage initiated on its shares with a “buy” rating by Bank of America/Merrill Lynch (BAC). The firm also set a price target of $16 for the company. Kodiak Oil & Gas Corp (USA) (NYSE:KOG) shares moved down -0.30 % in last trading session and was closed at $13.45, while trading in range of $ 13.26 – 13.65. Kodiak Oil & Gas Corp (USA) (NYSE:KOG) year to date (YTD) performance is 19.98%.
Shares of Noble Co. New Common Stock – Switzerland (NYSE:NE) have received a consensus rating of “Hold” from the twenty-eight analysts that are presently covering the company, AmericanBankingNews.com reports. Noble Corporation New Common Stock – Switzerland (NYSE:NE) weekly performance is 787%. On last trading day company shares ended up $30.32. Noble Corporation New Common Stock – Switzerland (NYSE:NE) distance from 50-day simple moving average (SMA50) is -2.19%. Analysts mean target price for the company is $36.00.