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Halcon Resources Corporation (NYSE: HK) went down by -53.45% from its latest closing price when compared to the 1-year high value of $5.89, while HK stocks collected -77.52% of loss with the last five trading sessions.

Halcon Resources Corporation (NYSE: HK) Worth an Investment?

Halcon Resources Corporation (NYSE: HK) scored price to earnings ratio above its average ratio, recording 1.02 times of increase in earnings at the present.

HK Market Performance

HK stocks went down by -77.52% for the week, with the monthly drop of -78.99% and a quarterly performance of -81.88%, while its annual performance rate touched -94.11%. The simple moving average for the period of the last 20 days is -77.78% for HK stocks with the simple moving average of -89.16% for the last 200 days.

Analysts’ Opinion on Halcon Resources Corporation (NYSE: HK)

Many brokerage firms have already submitted their reports for HK stocks, with ROTH Capital repeating the rating for HK shares by setting it to “Neutral”. The predicted price for HK socks in the upcoming period according to ROTH Capital is $9 based on the research report published on May 10, 2019.

Imperial Capital, on the other hand, stated in their research note that they expect to see HK stock at the price of $2, previously predicting the value of $3. The rating they have provided for HK stocks is “In-line” according to the report published on February 26, 2019.

BofA/Merrill gave “ Underperform” rating to HK stocks, setting the target price at $2 in the report published on January 4, 2019.

HK Stocks -78.44% Far from 50 Day Moving Average

After a stumble in the market that brought HK to its low price for the period of the last 52 weeks, Halcon Resources Corporation was unable to take a rebound, for now settling with -95.08% of loss for the given period.

The stock volatility was left at 14.50%, however, within the period of a single month, the volatility rate increased by 43.47%, while the shares sank at the distance of -79.58% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -82.21% lower at the present time.

In the course of the last 5 trading sessions, HK went down by -77.52%, which changed the moving average for the period of 200 days to the total of -92.33% of losses for the stock in comparison to the 20-day moving average settled at $1.25. In addition, Halcon Resources Corporation saw -82.94% in overturn over the period of a single year with a tendency to cut further losses.

HK Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Halcon Resources Corporation (HK), starting from FULLER THOMAS R, who sold 1,368 shares at the price of $2.91 back on Nov 27. After this action, Rushing now owns 84,323 shares of Halcon Resources Corporation, valued at $3,981 with the latest closing price.

Kasparek Leah R., the SVP, HR & Administration of Halcon Resources Corporation, sold 40 shares at the value of $2.99 during a trade that took place back on Nov 19, which means that Kasparek Leah R. is holding 98,340 shares at the value of $120 based on the most recent closing price.

HK Stock Fundamentals

The current profitability levels are settled at -9.13 for the present operating margin and +24.06 for gross margin. The net margin for Halcon Resources Corporation stands at +20.38. Total capital return value is set at -1.25, while invested capital returns managed to touch 2.79. Equity return holds the value 4.10%, with 2.30% for asset returns.

Based on Halcon Resources Corporation (HK), the company’s capital structure generated 51.22 points for debt to equity in total, while total debt to capital is set at the value of 33.87. Total debt to assets is settled at the value of 29.43 with long-term debt to equity ratio rests at 51.22 and long-term debt to capital is 33.87.

EBITDA value lies at +1.38 M with total debt to EBITDA carrying the value of 10.77. The value for Enterprise to Sales is 2.93 with debt to enterprise value settled at 0.74. The receivables turnover for Halcon Resources Corporation is 3.28 with the total asset turnover at the value of 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.