Somewhat Positive Media Coverage Somewhat Unlikely to Affect SilverBow Resources (SBOW) Share Price

Media headlines about SilverBow Resources (NYSE:SBOW) have been trending somewhat positive recently, Accern reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. SilverBow Resources earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.8707210327914 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

SilverBow Resources (NYSE SBOW) traded up $0.23 on Monday, hitting $22.87. The stock had a trading volume of 38,100 shares, compared to its average volume of 25,241. SilverBow Resources has a 1 year low of $19.89 and a 1 year high of $35.70. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 1.50.

SBOW has been the topic of several analyst reports. BidaskClub cut SilverBow Resources from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 7th. Zacks Investment Research raised SilverBow Resources from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Stephens initiated coverage on SilverBow Resources in a research note on Friday, September 29th. They set an “overweight” rating and a $28.00 target price on the stock. Finally, Northland Securities initiated coverage on SilverBow Resources in a research note on Thursday, September 28th. They set an “outperform” rating and a $42.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. SilverBow Resources currently has an average rating of “Hold” and a consensus price target of $31.67.

In other news, CEO Sean C. Woolverton acquired 1,043 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were bought at an average price of $24.29 per share, with a total value of $25,334.47. Following the completion of the purchase, the chief executive officer now directly owns 64,847 shares in the company, valued at $1,575,133.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sean C. Woolverton acquired 1,119 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was purchased at an average cost of $22.86 per share, for a total transaction of $25,580.34. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 4,750 shares of company stock worth $110,168.

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SilverBow Resources Company Profile

Insider Buying and Selling by Quarter for SilverBow Resources (NYSE:SBOW)

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