SandRidge Energy to buy Colorado company for $746 million

Harwood Feffer LLP

1 funds opened positions while 0 raised stakes.

The investigation concerns whether the Bonanza Creek board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Bonanza Creek shares of common stock.

The S&P 500 was also pressured by declines in financials and consumer discretionary stocks. It has been assigned a low target price of $30 and a high target price of $36.

A number of institutional investors have recently bought and sold shares of the stock. The slide was broad, with technology stocks and consumer-focused companies accounting for the largest losses.

Investors had their eye on Washington D.C., where the House is expected to vote on its version of a major tax bill this week.

Current levels places Friedman Industries, Incorporated (:FRD)'s stock about -11.02% from the 50-day high and 0.34% away from the 50-day low. Bonanza Creek Energy had a negative return on equity of 3.17% and a negative net margin of 33.79%. equities research analysts anticipate that Bonanza Creek Energy will post 0.37 EPS for the current fiscal year.

Analysts have given a mean recommendation of 3.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own.


BCEI's relative volume is 52.99.

US stocks declined in morning trading Wednesday as investors weighed a batch of economic data and company earnings.

A total volume of 72.09M shares was traded.

Most Volatile Stock: Synergy Pharmaceuticals Inc (SGYP) stock declined -5.42% to trade at $1.92.

Investors sentiment decreased to 0.9 in 2017 Q2.

Taking a closer look into the volatility on shares of Bonanza Creek Energy Inc. It has a 13.89 P/E ratio. However, their relatively high multiples do not necessarily mean their stocks are overpriced and not good buys for the long term. If the $16.60 price target is reached, the company will be worth $2.37 billion less. Bonanza Creek Energy Inc.'s now has a PEG ratio of 0 where as its P/E ratio is 0.00. Highbridge Capital Management LLC now owns 208,000 shares of the oil and gas producer's stock valued at $6,862,000 after acquiring an additional 146,724 shares during the period. This aligns the interests of shareholders with management, thus benefiting everyone.

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