News stories about Lilis Energy (NASDAQ:LLEX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lilis Energy earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.1353597485255 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of research firms have commented on LLEX. Northland Securities began coverage on shares of Lilis Energy in a research note on Wednesday, April 19th. They issued an “outperform” rating and a $7.50 price objective on the stock. Seaport Global Securities began coverage on shares of Lilis Energy in a research note on Tuesday, May 23rd. They issued a “buy” rating and a $8.50 price objective on the stock. Johnson Rice began coverage on shares of Lilis Energy in a research note on Tuesday, April 18th. They issued a “buy” rating on the stock. Finally, Zacks Investment Research lowered shares of Lilis Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st.
Lilis Energy (NASDAQ:LLEX) traded down 10.473% on Wednesday, reaching $3.975. 429,015 shares of the company’s stock were exchanged. The firm’s market capitalization is $200.42 million. Lilis Energy has a 1-year low of $1.10 and a 1-year high of $5.69. The stock’s 50 day moving average price is $4.81 and its 200 day moving average price is $4.42.
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About Lilis Energy
Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.
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