Somewhat Positive Press Coverage Somewhat Unlikely to Impact SilverBow Resources (SBOW) Share Price

Media coverage about SilverBow Resources (NYSE:SBOW) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SilverBow Resources earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.6797800166702 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

SilverBow Resources (SBOW) opened at $28.58 on Friday. SilverBow Resources has a 12-month low of $19.89 and a 12-month high of $34.25. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 1.50.

SBOW has been the subject of several research analyst reports. Seaport Global Securities raised shares of SilverBow Resources from a “neutral” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Tuesday, December 19th. Zacks Investment Research raised shares of SilverBow Resources from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. BidaskClub raised shares of SilverBow Resources from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Northland Securities assumed coverage on shares of SilverBow Resources in a research report on Thursday, September 28th. They set an “outperform” rating and a $42.00 price target for the company. Finally, Stephens assumed coverage on shares of SilverBow Resources in a research report on Friday, September 29th. They set an “overweight” rating and a $28.00 price target for the company. Two analysts have rated the stock with a sell rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $31.67.

In other news, CEO Sean C. Woolverton acquired 1,119 shares of SilverBow Resources stock in a transaction on Monday, October 16th. The stock was acquired at an average cost of $22.86 per share, for a total transaction of $25,580.34. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Sean C. Woolverton acquired 1,102 shares of SilverBow Resources stock in a transaction on Friday, December 15th. The shares were purchased at an average price of $23.54 per share, with a total value of $25,941.08. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 4,856 shares of company stock valued at $110,587.

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