The Unit (UNT) Earning Somewhat Positive News Coverage, Report Finds

The Unit (UNT) Earning Somewhat Positive News Coverage, Report Finds

These are some of the news articles that may have effected AlphaOne’s scoring:

Press coverage about Unit (NYSE:UNT) has trended somewhat positive recently, according to Alpha One. The research firm, a service of Accern, identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Unit earned a news sentiment score of 0.04 on Alpha One’s scale. Alpha One also gave headlines about the oil and gas company an impact score of 56 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the company’s share price in the next few days.

A number of equities research analysts have recently commented on the company. Zacks Investment Research upgraded Unit from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research report on Thursday, February 9th. National Securities restated a “buy” rating and set a $30.00 target price on shares of Unit in a research report on Monday, May 8th. Scotiabank set a $29.00 target price on Unit and gave the company a “hold” rating in a research report on Monday, March 27th. Finally, KLR Group upgraded Unit from a “reduce” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Friday, May 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. Unit has a consensus rating of “Hold” and an average price target of $26.20. Unit (UNT) traded down 5.22% during midday trading on Friday, reaching $17.44. The company had a trading volume of 893,065 shares. The stock’s market capitalization is $921.23 million. The firm’s 50 day moving average is $20.13 and its 200 day moving average is $23.91. Unit has a 1-year low of $11.06 and a 1-year high of $30.63.

About Unit Unit Corporation is an oil and natural gas contract drilling company. The Company has operations in the exploration and production and mid-stream areas. The Company operates through three segments: Oil and Natural Gas, Contract Drilling and Mid-Stream. It is primarily engaged in the exploration, development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing and treating of natural TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “UNT”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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