Rosehill Resources (ROSE) Reaches New 1-Year Low at $4.45

Share on StockTwits

Shares of Rosehill Resources Inc (NASDAQ:ROSE) hit a new 52-week low during trading on Thursday . The company traded as low as $4.45 and last traded at $4.53, with a volume of 200 shares traded. The stock had previously closed at $4.80.

A number of brokerages recently commented on ROSE. Zacks Investment Research upgraded Rosehill Resources from a “sell” rating to a “hold” rating and set a $6.00 price target on the stock in a report on Wednesday, October 24th. ValuEngine upgraded Rosehill Resources from a “strong sell” rating to a “sell” rating in a report on Friday, August 24th. Seaport Global Securities started coverage on Rosehill Resources in a research note on Thursday, September 20th. They issued a “buy” rating and a $12.00 target price on the stock. Ifs Securities started coverage on Rosehill Resources in a research note on Monday, October 29th. They issued an “outperform” rating on the stock. Finally, SunTrust Banks started coverage on Rosehill Resources in a research note on Friday, October 19th. They issued a “buy” rating and a $10.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $11.07.

The company has a market cap of $174.48 million, a PE ratio of -28.00 and a beta of 1.41. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 7.83.

Rosehill Resources (NASDAQ:ROSE) last issued its earnings results on Friday, November 9th. The company reported $5.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $5.31. The firm had revenue of $82.56 million for the quarter, compared to analyst estimates of $77.78 million. Rosehill Resources had a return on equity of 118.18% and a net margin of 13.78%. As a group, equities analysts forecast that Rosehill Resources Inc will post 0.49 EPS for the current fiscal year.

In other Rosehill Resources news, major shareholder Principal Fund L.P. K2 sold 11,826 shares of the business’s stock in a transaction on Friday, September 14th. The stock was sold at an average price of $8.29, for a total value of $98,037.54. Following the sale, the insider now directly owns 252,435 shares in the company, valued at $2,092,686.15. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Harry Quarls purchased 5,000 shares of Rosehill Resources stock in a transaction dated Wednesday, August 22nd. The stock was bought at an average price of $7.28 per share, with a total value of $36,400.00. Following the completion of the transaction, the director now owns 57,562 shares of the company’s stock, valued at approximately $419,051.36. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 44,340 shares of company stock worth $276,050 and sold 80,373 shares worth $673,233. Insiders own 60.00% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wells Fargo & Company MN grew its position in shares of Rosehill Resources by 5.2% in the first quarter. Wells Fargo & Company MN now owns 155,546 shares of the company’s stock valued at $913,000 after purchasing an additional 7,738 shares in the last quarter. Millennium Management LLC grew its position in shares of Rosehill Resources by 61.4% in the first quarter. Millennium Management LLC now owns 18,600 shares of the company’s stock valued at $109,000 after purchasing an additional 7,075 shares in the last quarter. Quantum Capital Management grew its position in shares of Rosehill Resources by 19.4% in the second quarter. Quantum Capital Management now owns 256,114 shares of the company’s stock valued at $2,080,000 after purchasing an additional 41,672 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Rosehill Resources by 287.3% in the third quarter. JPMorgan Chase & Co. now owns 508,303 shares of the company’s stock valued at $3,101,000 after purchasing an additional 377,066 shares in the last quarter. Institutional investors own 5.05% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This story was originally published by BBNS and is the sole property of of BBNS. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://baseballnewssource.com/2018/11/10/rosehill-resources-rose-reaches-new-1-year-low-at-4-45/2972712.html.

Rosehill Resources Company Profile (NASDAQ:ROSE)

Rosehill Resources Inc, an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. As of December 31, 2017, its portfolio included 39 gross operated producing horizontal wells and 3 gross operated horizontal wells in the Northern Delaware Basin; and working interests in approximately 14,762 gross acres in the Northern and Southern Delaware Basin with an inventory of 530 gross operated and non-operated potential horizontal drilling locations.

Featured Story: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Receive News & Ratings for Rosehill Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rosehill Resources and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.