Miller Energy Resources Director Herman Gettelfinger Sells 7,932 Shares (MILL)
Miller Energy Resources (NASDAQ:MILL) Director Herman Gettelfinger sold 7,932 shares of the company’s stock on the open market in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $6.62, for a total transaction of $52,509.84. Following the completion of the sale, the director now directly owns 498,981 shares of the company’s stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on MILL. Analysts at SunTrust raised their price target on shares of Miller Energy Resources (NASDAQ:MILL) from $6.50 to $8.00 in a research note to investors on Thursday, September 12th. They now have a “neutral” rating on the stock. Finally, analysts at Casimir Capital raised their price target on shares of Miller Energy Resources (NASDAQ:MILL) from $7.00 to $9.00 in a research note to investors on Friday, August 30th. They now have a “buy” rating on the stock.
Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Miller Energy Resources currently has a consensus rating of “Hold” and an average target price of $6.23.
Shares of Miller Energy Resources (NASDAQ:MILL) traded up 0.30% on Thursday, hitting $6.65. 262,754 shares of the company’s stock traded hands. Miller Energy Resources has a 1-year low of $3.34 and a 1-year high of $7.38. The stock has a 50-day moving average of $5.91 and a 200-day moving average of $4.46. The company’s market cap is $289.8 million.
Miller Energy Resources (NASDAQ:MILL) last released its earnings data on Monday, September 9th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.05. The company had revenue of $13.00 million for the quarter, compared to the consensus estimate of $11.92 million. On average, analysts predict that Miller Energy Resources will post $-0.51 earnings per share for the current fiscal year.
Miller Energy Resources, Inc is an independent exploration and production company that utilizes seismic data and other technologies for geophysical exploration and development of oil and gas wells in the Appalachian region of East Tennessee and in southcentral Alaska.
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