News coverage about Par Pacific Holdings (NASDAQ:PARR) has been trending positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Par Pacific Holdings earned a news impact score of 0.35 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.9932867452842 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Par Pacific Holdings (PARR) traded up 0.54% during mid-day trading on Friday, hitting $16.89. The company had a trading volume of 133,749 shares. The firm has a 50-day moving average price of $17.64 and a 200 day moving average price of $16.55. The firm has a market capitalization of $773.60 million and a price-to-earnings ratio of 37.70. Par Pacific Holdings has a 52-week low of $12.18 and a 52-week high of $19.41.
Par Pacific Holdings (NASDAQ:PARR) last announced its quarterly earnings results on Monday, August 7th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.02. The firm had revenue of $564.25 million for the quarter, compared to analyst estimates of $600.80 million. Analysts expect that Par Pacific Holdings will post $1.33 earnings per share for the current year.
PARR has been the subject of several recent research reports. Cowen and Company reiterated a “buy” rating and issued a $20.00 price target on shares of Par Pacific Holdings in a research report on Thursday. Zacks Investment Research lowered Par Pacific Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th.
In related news, insider William Pate acquired 15,000 shares of the stock in a transaction that occurred on Friday, May 26th. The stock was purchased at an average price of $16.83 per share, with a total value of $252,450.00. Following the transaction, the insider now owns 123,111 shares of the company’s stock, valued at approximately $2,071,958.13. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Whitebox Advisors Llc sold 235,674 shares of the stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $16.89, for a total transaction of $3,980,533.86. The disclosure for this sale can be found here. Insiders have purchased a total of 26,000 shares of company stock valued at $438,390 in the last ninety days.
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