Unit Corporation s trend and data analysis indicates that the stock price has dropped -19.68% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 19.41% . Looking at the past 52 week period, the stock price is up at 117.96% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Unit Corporation has a positive value of 105.37 compared to overall market.Unit Corporation is having a Relative Strength Index of 39.17 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Unit Corporation (NYSE:UNT) rallied by 0.27% during the past week but lost 14.87% on a 4-week basis. The company has outperformed the S&P 500 by 0.03% in the past week but underperformed the index by 15.84% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Unit Corporation (NYSE:UNT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.22 points or 0.98% at $22.21 with 1,335,438 shares getting traded. Post opening the session at $22.52, the shares hit an intraday low of $22.09 and an intraday high of $22.7582 and the price was in this range throughout the day. The company has a market cap of $1,147 million and the number of outstanding shares has been calculated to be 51,650,140 shares. The 52-week high of Unit Corporation (NYSE:UNT) is $30.629 and the 52-week low is $8.12.
Company has reported several Insider transactions to the SEC, on Mar 2, 2016, John G Nikkel (director) purchased 2,000 shares at 5.72 per share price.On Sep 21, 2015, Steven B Hildebrand (director) purchased 2,000 shares at 11.39 per share price.On Sep 14, 2015, G Bailey Iv Peyton (director) purchased 6,000 shares at 11.30 per share price.
Unit Corporation Last issued its quarterly earnings results on Feb 23, 2017. The company reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $0.07. The company had revenue of $174.30 million for the quarter, compared to analysts expectations of $168.29 million. The companys revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.14 EPS.
UNIT CORP. is engaged in the land contract drilling of oil and natural gas wells, the development, acquisition and production of oil and natural gas properties, and the marketing of natural gas. Its principal areas of operations are located in the Anadarko and Arkoma Basins, which cover portions of Oklahoma, Texas, Kansas and Arkansas and has additional producing properties located in other states, including but not limited to, New Mexico, Louisiana, North Dakota, Colorado, Wyoming, Montana, Alabama and Mississippi.