Worst Current Ratio: Magnum Hunter Resources Corp (MHR), Goodrich Petroleum Corporation (GDP) And Petroquest Energy Inc (PQ)

Posted by Lynn Eisler January 29, 2015 0 Comment 979 views


New York, NY – GDP INSIDER  – 01/29/2015.

Magnum Hunter Resources Corp (NYSE:MHR) has a current ratio of 0.40. Its ROA is -22.20% and its ROI is also in the negative at -11.40%. The stock plunged 10.28% to $1.92 in yesterday’s session. Shares traded in the range of $1.92 and $2.12, after opening at $2.12. About 6.73 million shares traded compared to the average daily volume of 7.50 million shares. The oil and gas company plunged further in the afterhours, losing $0.01 to close the day at $1.91. The stock has a target price of $4.84.

In the most recent quarter, MHR increased its EPS by 30.60% sequentially. Insider ownership MHR was last revealed as 3.30%.

Could MHR Continue To Fall Or Will We Find Support In The Near Future? See What Is In The Cards For MHR With A Complementary Trend Analysis.

Goodrich Petroleum Corporation (NYSE:GDP) fell 11.34% to $2.58 in yesterday’s session. Afterhours saw the company gaining ground as it added $0.02 to end the day at $2.60. The stock opened at $2.85 and traded in the range of $2.56 and $2.96. Analysts have a consensus target price of $9.72 on the stock.

Yesterday’s closing price placed GDP 91.55% below its 52-week high and 5.31% above its 52-week low.

GDP has a current ratio of 0.50 and ROA of -18.20%.

Distress in the oil market has put the stock under pressure. Sales were down 4% sequentially in the most recent quarter while EPS declined 120.20% over the same period.

Is GDP Going To Continue To Lose Value Or Will Things Start To Turn Around? Find Out What’s Next For GDP With A Free Trend Analysis Report

Petroquest Energy Inc (NYSE:PQ)’s current ratio is 0.50 while its debt to equity ratio stands at 3.25. In yesterday’s trading, shares of PQ plunged 3.37% to $3.15, after opening at $3.24. The stock traded in the range of $3.09 and $3.24 on a volume of 567,900 shares, way below the average daily volume of 857,583 shares. PQ closed the session with a market cap of $215.23 million.

Yesterday’s closing price placed PQ 12.57% below its 50-Day SMA and 59.72% below its 52-week high. The stock has an average target price of $4.92. Petroquest Energy Inc (NYSE:PQ)’s increased 600% sequentially in the most recent quarter.

Is PQ Going To Turn It Around Or Will It Continue To Freefall? See Where PQ Is Going Next With A Free Trend Analysis

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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