Forbes Energy Services (FES) Receiving Somewhat Favorable News Coverage, Report Finds

News headlines about Forbes Energy Services (NASDAQ:FES) have been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Forbes Energy Services earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 45.3146296095636 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Forbes Energy Services (NASDAQ:FES) opened at 0.093 on Wednesday. Forbes Energy Services has a 1-year low of $0.08 and a 1-year high of $0.70. The company’s 50-day moving average price is $0.11 and its 200 day moving average price is $0.19.

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Forbes Energy Services Company Profile

Forbes Energy Services Ltd. (FES Ltd.) is a holding company. The Company is an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to develop the production of oil and natural gas. The Company’s segments are Well Servicing and Fluid Logistics.

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