Other equities research analysts have also recently issued research reports about the stock. Royal Bank of Canada cut their price objective on shares of Hunting from GBX 290 ($3.57) to GBX 280 ($3.45) and set an outperform rating for the company in a research note on Monday. Jefferies Financial Group cut their price objective on shares of Hunting from GBX 470 ($5.78) to GBX 260 ($3.20) and set a buy rating for the company in a research note on Monday, June 8th. Kepler Capital Markets cut their price objective on shares of Hunting from GBX 240 ($2.95) to GBX 230 ($2.83) and set a hold rating for the company in a research note on Tuesday, April 21st. Canaccord Genuity lowered their price target on shares of Hunting from GBX 475 ($5.85) to GBX 275 ($3.38) and set a buy rating for the company in a report on Monday, May 18th. Finally, Goldman Sachs Group upgraded shares of Hunting to a buy rating and upped their price target for the company from GBX 180 ($2.22) to GBX 340 ($4.18) in a report on Monday, June 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 311.36 ($3.83).
HTG stock opened at GBX 212.60 ($2.62) on Tuesday. The company has a debt-to-equity ratio of 4.14, a current ratio of 4.69 and a quick ratio of 2.13. Hunting has a one year low of GBX 148.90 ($1.83) and a one year high of GBX 568 ($6.99). The stock has a market cap of $343.08 million and a PE ratio of 9.05. The firm has a 50 day simple moving average of GBX 184.57 and a two-hundred day simple moving average of GBX 262.21.
In related news, insider Richard Hunting sold 18,000 shares of the stock in a transaction dated Friday, June 26th. The shares were sold at an average price of GBX 216 ($2.66), for a total transaction of £38,880 ($47,846.42).
Hunting Company Profile
Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.
See Also: Book Value Per Share – BVPS
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