Insider Buying: SilverBow Resources Inc. (SBOW) Insider Acquires 1,102 Shares of Stock
SilverBow Resources Inc. (NYSE:SBOW) insider Sean C. Woolverton acquired 1,102 shares of SilverBow Resources stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average cost of $22.57 per share, for a total transaction of $24,872.14. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
SilverBow Resources Inc. (NYSE:SBOW) traded up $0.08 during trading hours on Thursday, hitting $22.33. The company had a trading volume of 35,963 shares, compared to its average volume of 24,991. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.55 and a current ratio of 0.55. SilverBow Resources Inc. has a 12 month low of $19.89 and a 12 month high of $35.70.
A number of equities analysts have recently issued reports on the company. BidaskClub upgraded SilverBow Resources from a “strong sell” rating to a “sell” rating in a research report on Friday, September 15th. Stephens initiated coverage on SilverBow Resources in a report on Friday, September 29th. They issued an “overweight” rating and a $28.00 target price for the company. Zacks Investment Research raised SilverBow Resources from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Seaport Global Securities started coverage on SilverBow Resources in a research report on Tuesday, August 1st. They set a “neutral” rating and a $25.00 target price on the stock. Finally, Northland Securities started coverage on SilverBow Resources in a research report on Thursday, September 28th. They set an “outperform” rating and a $42.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $31.67.
About SilverBow Resources
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