Halcon Resources (NYSE:HK) has grabbed attention from the analysts, when it saw a value increase of 1.72% or 0.09 points in the last trading session to close at $5.33. A total of 2.09 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 3.74 Million shares, while its relative volume stands at 0.56. Halcon Resources (NYSE:HK) has a market cap of $840.91 Million and the number of outstanding shares have been calculated 157.77 Million.
Shares of Halcon Resources (NYSE:HK) currently have an Average Brokerage Recommendation of 1.57, number of Recs in ABR is 7 while industry rank of the company by ABR is 173 out of 265. Out of the analyst recommendations 1 rate Halcon Resources (NYSE:HK) stock a Buy, 6 rate the stock Outperform, 2 rate Hold, 0 rate Underperform and 0 recommend a Sell.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $10.56 on the stock, this valuation is based on 10 number of opinions. The most optimistic analyst sees the stock reaching $14 while the most conventional has $6 target price.
In order to check on the sell-side rational, we can also take a peek at some technical indicators. Halcon Resources (NYSE:HK)’s price sits -9.87% off from its 50-day moving average of $5.29 and -18.08% away from the stock’s 200-day moving average which is $6.69. Stock’s twelve month price oscillated between $9.07 and $3.68. The stock hit its twelve month high on 01/16/18, and twelve month low on 06/23/17. The Average True Range, a measure of volatility is at 0.28, however its weekly and monthly volatility is 4.76%, 5.62% respectively. The company’s Relative Strength Index which shows price strength currently stands at 49.23.
Halcon Resources (NYSE:HK) as of recent trade, has shown weekly upbeat performance of 4.31% which was maintained at -0.56% in 1-month period. During the past three months the stock slid -33.38%, bringing six months performance to -15.4%. Yearly performance of the stock shows a bearish trend of -29.4% while year-to-date (YTD) performance reflected -29.59% negative outlook.
While taking a glance at financials, we can look at a number of key indicators. Halcon Resources (NYSE:HK) has trailing twelve month Return on Assets of 25.3%, which is key indicator of how profitable a company is relative to its total assets. The company currently has a Return on Equity of 53.2% and a Return on Investment of 59.8%. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
While having a peek at profitability ratios Halcon Resources (NYSE:HK) has trailing twelve month gross margin at 77.9%, its trailing twelve month operating margin stands at 0% whereas its trailing twelve month net profit margin spots at 0%.
However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.96. The company’s forward price to earnings ratio for next fiscal year is 9.66. Halcon Resources (NYSE:HK)’s price to free cash flow for trailing twelve months is 13.7. Its beta value stands at 4.01.
The company’s quick ratio for most recent quarter is 0 along with current ratio for most recent quarter of 3.1. Total debt to equity ratio of the company for most recent quarter is 0 whereas long term debt to equity ratio for most recent quarter is 0.38.