Press coverage about Parker Drilling (NYSE:PKD) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Parker Drilling earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 47.9756403398699 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Parker Drilling Company (NYSE:PKD) – Tool For Stock Selection – Nasdaq Journal (nasdaqjournal.com)
- Analysts’ Recommendation in Spotlight: Parker Drilling Company (NYSE: PKD) – Alpha Beta Stock (alphabetastock.com)
- 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 (NYSE:PKD) traded up $0.02 during trading hours on Friday, hitting $0.78. 1,492,823 shares of the stock were exchanged, compared to its average volume of 901,418. The firm has a market capitalization of $109.25, a price-to-earnings ratio of -0.87 and a beta of 1.58. Parker Drilling has a 1 year low of $0.75 and a 1 year high of $1.85. The company has a debt-to-equity ratio of 1.96, a current ratio of 3.07 and a quick ratio of 2.76.
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 analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Parker Drilling presently has an average rating of “Hold” and a consensus price target of $1.25.
COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Parker Drilling (PKD) Stock Price” was originally reported by BBNS and is the property of of BBNS. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://baseballnewssource.com/2018/03/16/parker-drilling-pkd-getting-somewhat-favorable-media-coverage-report-shows/1992814.html.
About Parker Drilling
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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