Lonestar Resources US Inc (NASDAQ:LONE) Director Randy L. Wolsey acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, August 14th. The shares were bought at an average price of $2.50 per share, with a total value of $12,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
NASDAQ:LONE opened at $2.46 on Friday. Lonestar Resources US Inc has a 1 year low of $1.93 and a 1 year high of $9.60. The stock has a market cap of $63.57 million, a price-to-earnings ratio of -35.14 and a beta of 2.03. The business has a fifty day moving average of $2.45 and a 200-day moving average of $3.56. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.35 and a current ratio of 0.35.
Lonestar Resources US (NASDAQ:LONE) last released its quarterly earnings results on Monday, August 5th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.08. Lonestar Resources US had a return on equity of 3.41% and a net margin of 5.82%. The company had revenue of $52.22 million during the quarter, compared to analysts’ expectations of $48.44 million. On average, equities research analysts predict that Lonestar Resources US Inc will post -0.44 EPS for the current year.
Several large investors have recently added to or reduced their stakes in LONE. Jane Street Group LLC bought a new position in shares of Lonestar Resources US in the second quarter worth $27,000. D. E. Shaw & Co. Inc. bought a new position in shares of Lonestar Resources US in the fourth quarter worth $39,000. GSA Capital Partners LLP grew its stake in shares of Lonestar Resources US by 27.8% in the second quarter. GSA Capital Partners LLP now owns 36,369 shares of the energy company’s stock worth $83,000 after purchasing an additional 7,915 shares in the last quarter. Deprince Race & Zollo Inc. grew its stake in shares of Lonestar Resources US by 18.5% in the first quarter. Deprince Race & Zollo Inc. now owns 32,000 shares of the energy company’s stock worth $128,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of Lonestar Resources US in the fourth quarter worth $130,000. 57.11% of the stock is owned by institutional investors.
A number of research analysts recently commented on the company. B. Riley set a $8.00 price objective on Lonestar Resources US and gave the stock a “buy” rating in a research note on Monday, May 13th. TheStreet downgraded Lonestar Resources US from a “c” rating to a “d+” rating in a research note on Wednesday, May 15th. ValuEngine upgraded Lonestar Resources US from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Zacks Investment Research cut Lonestar Resources US from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Northland Securities set a $6.00 price target on Lonestar Resources US and gave the stock a “buy” rating in a research note on Monday, July 8th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Lonestar Resources US has an average rating of “Buy” and a consensus price target of $7.50.
About Lonestar Resources US
Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties that cover an area of 57,491 net acres in Texas counties.
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