News stories about Jones Energy (NYSE:JONE) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jones Energy earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the oil and gas producer an impact score of 48.977426896169 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of Jones Energy (NYSE JONE) traded up $0.01 during mid-day trading on Friday, hitting $1.01. The stock had a trading volume of 703,194 shares, compared to its average volume of 1,055,419. The stock has a market cap of $99.05, a P/E ratio of -0.36 and a beta of 2.58. Jones Energy has a fifty-two week low of $0.73 and a fifty-two week high of $3.63. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.07.
Several analysts have commented on the company. Barclays reduced their price objective on Jones Energy from $1.50 to $0.50 and set an “underweight” rating for the company in a research note on Monday, November 20th. Zacks Investment Research downgraded Jones Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 25th. ValuEngine downgraded Jones Energy from a “hold” rating to a “sell” rating in a research note on Friday, February 9th. Stephens downgraded Jones Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, November 8th. Finally, SunTrust Banks downgraded Jones Energy from a “buy” rating to a “hold” rating and set a $1.00 target price for the company. in a research note on Tuesday, January 2nd. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $1.88.
In other news, major shareholder Metalmark Capital Ii Llc sold 62,981 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $1.01, for a total transaction of $63,610.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have sold 734,967 shares of company stock valued at $771,564. Company insiders own 37.20% of the company’s stock.
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Jones Energy Company Profile
Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.
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