Zacks Investment Research downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) to Strong Sell in a report released today.
- Updated: October 11, 2016
Yesterday Hornbeck Offshore Services, Inc. (NYSE:HOS) traded -1.41% lower at $6.62. The company’s 50-day moving average is $5.46 and its 200-day moving average is $7.96. The last closing price is down -20.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 890,757 shares of the stock traded hands, down from an average trading volume of 1,147,960
Zacks Investment Research has downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) to Strong Sell in a report released on 10/11/2016.
Previously on Thursday October 06, 2016, Cowen reported on Hornbeck Offshore Services, Inc. (NYSE:HOS) reduced the target price from $8.50 to $6.00. At the time, this indicated a possible downside of -0.05%.
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Hornbeck Offshore Services, Inc. has a 52 week low of $4.35 and a 52 week high of $16.71 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokers have issued a report on the company. The average stock price target is $9.45 with 1 broker rating the stock a strong buy, 5 brokers rating the stock a buy, 7 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Hornbeck Offshore Services, Inc. (NYSE:HOS)
Hornbeck Offshore Services Inc. provides marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on providing marine solutions for the deepwater and ultradeepwater energy industry in domestic and select foreign locations. The Company, through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico, Latin America and selected international markets. Its OSVs and MPSVs support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. It provides vessel management services for other vessel owners, such as crewing, daily operational management and maintenance activities.
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