Somewhat Favorable Media Coverage Somewhat Unlikely to Affect TransAtlantic Petroleum (NYSE:TAT) Share Price

Press coverage about TransAtlantic Petroleum (NYSE:TAT) (TSE:TNP) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TransAtlantic Petroleum earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the oil and natural gas company an impact score of 45.6826279010268 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

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TransAtlantic Petroleum (TAT) traded down 1.9135% on Tuesday, hitting $1.0201. 11,368 shares of the company’s stock traded hands. TransAtlantic Petroleum has a one year low of $0.71 and a one year high of $1.68. The stock has a 50-day moving average of $1.13 and a 200-day moving average of $1.25. The stock’s market cap is $47.92 million.

Separately, TD Securities downgraded shares of TransAtlantic Petroleum from a “buy” rating to a “hold” rating in a research report on Sunday, May 14th.

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About TransAtlantic Petroleum

TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.