Halcon Resources Corporation is part of the oil and gas exploration and production industry and is in the energy sector. The company CEO is David S. Elkouri. Halcon Resources Corp is an independent oil and natural gas company. It is engaged in the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States.



Previous Intraday Performance:

The HK shares had a previous change of 9.63% which opened at 0.25 and closed at 0.26. It moved to an intraday high of 0.32 and a low of 0.24.

SeekingAlpha:  Halcon Resources gets NYSE continued listing notice

Historical Performance:

Over the last five trading days, HK shares returned 19.50% and in the past 30 trading days it returned -82.36%. Over three months, it changed -83.97%. In one year it has changed -93.74% and within that year its 52 week high was 4.90 and its 52 week low was 0.19. HK stock is 38.37% above its 52 week low.

Our calculations result in a 200 day moving average of 2.40 and a 50 day moving average of 0.98. Right now, HK stock is trading -89.04% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Halcon Resources gets NYSE continued listing notice

Liquidity:

The company has a market cap of $43.2m with 164.3m shares outstanding and a float of 153.6m shares. Trading volume was 11,210,335 shares and has experienced an average volume of 8,702,625 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Halcon Resources Corporation was 0.29 which ended on 31st of December 2018, which according to the previous close, that is a PE of 0.91. Based on 6 analyst estimates, the consensus EPS for the next quarter is -0.08.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-09-2019: -2.12
4thQtr 2018Reported 03-12-2019: 0.93
3rdQtr 2018Reported 11-07-2018: -0.52
2ndQtr 2018Reported 08-01-2018: -0.10
1stQtr 2018Reported 05-02-2018: -0.02

The long-term trend of the EPS is an important number as it indicates the present value of Halcon Resources Corporation; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -26.90% over the last twelve months.

Indicators Also to Watch:

Short-interest was 28,272,832, which was 17.21% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.86. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.



The beta was calculated to be 4.20.

SeekingAlpha:  Standing At The Edge Of The Abyss

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -16.33%, price-to-sales is 0.17 and price-to-book is 0.05.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 1  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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