Unit Corporation (UNT) Shares are Down -7.74%

Unit Corporation (UNT) : During the past 4 weeks, traders have been relatively bearish on Unit Corporation (UNT), hence the stock is down -4.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.23% relative to the S&P 500. The 4-week change in the price of the stock is -6.62% and the stock has fallen -7.74% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.94% and the 50-Day Moving Average is 6.75%.The 200 Day SMA reached 31.84% Unit Corporation has dropped 3.97% during the last 3-month period . Year-to-Date the stock performance stands at 32.95%.


Unit Corporation (UNT) : 8 investment research analysts covering Unit Corporation (UNT) have an average price target of $17.88 for the near short term. The highest target price given by the Brokerage Firm to the stock is $24 and the lowest target is $12 for the short term. Analysts expect the variance to be within $3.91 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Unit Corporation (NYSE:UNT): stock was range-bound between the intraday low of $15.48 and the intraday high of $16.27 after having opened at $15.7 on Fridays session. The stock finally closed in the red at $15.7, a loss of -0.12%. The stock remained in the red for the whole trading day. The total traded volume was 1,618,860 shares. The stock failed to cross $16.27 in Fridays trading. The stocks closing price on Thursday was $16.22.

Unit Corporation (Unit) is an oil and natural gas contract drilling company. In addition to its drilling operations, the Company has operations in the exploration and production and mid-stream areas. The Company operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Companys Oil and Natural Gas operations are carried out by its subsidiary Unit Petroleum Company, which explores, develops, acquires, and produces oil and natural gas properties. Contract Drilling operations are carried out by subsidiary Unit Drilling Company and its subsidiaries. Contract Drilling segment contracts to drill onshore oil and natural gas wells for others. The Companys Mid-Stream are operations carried out by subsidiary Superior Pipeline Company, L.L.C., which buys, sells, gathers, processes, and treats natural gas for third parties and for the Company.

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