Lilis Energy (LLEX) Receives Coverage Optimism Rating of 0.15

News coverage about Lilis Energy (NASDAQ:LLEX) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lilis Energy earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.7204595726147 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:

Several research analysts recently commented on the stock. Capital One Financial Corporation assumed coverage on shares of Lilis Energy in a report on Thursday, October 5th. They issued an “overweight” rating and a $7.00 price target on the stock. Seaport Global Securities restated a “buy” rating and issued a $8.00 price target (up previously from $6.75) on shares of Lilis Energy in a report on Wednesday, October 4th. Stephens assumed coverage on shares of Lilis Energy in a report on Friday, September 29th. They issued an “overweight” rating and a $6.00 price target on the stock. Williams Capital assumed coverage on shares of Lilis Energy in a report on Tuesday, September 26th. They issued a “buy” rating and a $7.00 price target on the stock. Finally, Zacks Investment Research upgraded shares of Lilis Energy from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $6.71.

Shares of Lilis Energy (NASDAQ:LLEX) opened at 4.67 on Friday. The stock’s market cap is $237.32 million. Lilis Energy has a 1-year low of $2.10 and a 1-year high of $5.69. The stock’s 50 day moving average is $4.22 and its 200-day moving average is $4.41.

In related news, major shareholder Fund Vertex sold 10,720 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $5.01, for a total value of $53,707.20. Following the completion of the sale, the insider now directly owns 6,962,640 shares in the company, valued at approximately $34,882,826.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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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.

Insider Buying and Selling by Quarter for Lilis Energy (NASDAQ:LLEX)

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