Memorial Production Partners (MEMP) Receives Coverage Optimism Rating of 0.31
Media coverage about Memorial Production Partners (NASDAQ:MEMP) has been trending positive on Wednesday, AlphaOne Sentiment Analysis reports. The research group, a division of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Memorial Production Partners earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave media coverage about the oil and gas producer an impact score of 100 out of 100, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Alpha One Sentiment’s analysis:
- Somewhat Favorable Press Coverage Very Likely to Impact Memorial Production Partners (MEMP) Stock Price (americanbankingnews.com)
- Memorial Production Partners LP (MEMP) Short Interest Down 58.2% in April (americanbankingnews.com)
- MEMORIAL PRODUCTION PARTNERS LP : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (4-traders.com)
- McGrath RentCorp (MGRC) EPS Estimated At $0.28, Last Week … – High Point Observer (highpointobserver.com)
Shares of Memorial Production Partners (NASDAQ:MEMP) opened at 0.1235 on Wednesday. The stock’s market cap is $10.35 million. The firm’s 50-day moving average price is $0.13 and its 200 day moving average price is $0.33. Memorial Production Partners has a one year low of $0.10 and a one year high of $2.75.
Separately, Zacks Investment Research raised Memorial Production Partners from a “hold” rating to a “buy” rating and set a $0.25 target price on the stock in a research note on Wednesday, January 18th. Three equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $1.02.
ILLEGAL ACTIVITY WARNING: This news story was published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/05/03/memorial-production-partners-memp-receives-coverage-optimism-rating-of-0-31.html.
Memorial Production Partners Company Profile
Memorial Production Partners LP (the Partnership) owns, acquires and exploits oil and natural gas properties in North America. The Partnership is owned by its limited partners and general partner. Its general partner is responsible for managing all of the Partnership’s operations and activities. The Partnership operates in the acquisition, exploitation, development and production of oil and natural gas properties segment.
Receive News & Ratings for Memorial Production Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Memorial Production Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.