Media headlines about Parker Drilling (NYSE:PKD) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Parker Drilling earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 48.970474454528 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern’s analysis:
- Parker Drilling (PKD) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Zacks Investment Research Lowers Parker Drilling (PKD) to Sell (americanbankingnews.com)
- Parker Drilling Company (PKD) stock price is moving lower from the 20 SMA with change of -8.31% – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
- Parker Drilling Company (NYSE:PKD) – Is The Stock Worthy? – Nasdaq Journal (nasdaqjournal.com)
Parker Drilling (NYSE:PKD) traded down $0.04 during trading on Wednesday, hitting $0.77. 2,437,873 shares of the stock were exchanged, compared to its average volume of 882,692. The company has a debt-to-equity ratio of 1.96, a quick ratio of 2.76 and a current ratio of 3.07. The firm has a market cap of $114.70, a P/E ratio of -0.88 and a beta of 1.58. Parker Drilling has a one year low of $0.76 and a one year high of $1.85.
Separately, Zacks Investment Research lowered shares of Parker Drilling from a “hold” rating to a “sell” rating in a research note on Thursday, March 8th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $1.25.
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Parker Drilling Company Profile
Parker Drilling Company (Parker Drilling) is a provider of contract drilling, and drilling-related services and rental tools and services. The Company’s business consists of two business lines: drilling services and rental tools services. Its Rental Tools Services business includes U.S. Rental Tools and International Rental Tools segments, and its Drilling Services business includes its U.S.
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