InvestorsObserver is giving Lonestar Resources US Inc (LONE) an Analyst Rating Rank of 6, meaning LONE is ranked higher by analysts than 6% of stocks. The average projection by analysts for LONE is $0.5 over the next 12 months and analyst’s classify the stock as a Sell
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Lonestar Resources US Inc Stock Today?
Lonestar Resources US Inc (LONE) stock is up 48.88% while the S&P 500 has fallen -0.39% as of 2:57 PM on Friday, Oct 2. LONE is up $0.12 from the previous closing price of $0.24 on volume of 97,656,560 shares. Over the past year the S&P 500 is higher by 15.70% while LONE has fallen -86.91%. LONE lost -$8.93 per share the over the last 12 months.
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