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Actionable news in UNT: UNIT CORPORATION,

Trade-Ideas: Unit (UNT) Is Today's "Dead Cat Bounce" Stock

Trade-Ideas LLC identified Unit ( UNT) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Unit as such a stock due to the following factors:

  • UNT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $28.7 million.
  • UNT has traded 56,418 shares today.
  • UNT is up 3.3% today.
  • UNT was down 14.7% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in UNT with the Ticky from Trade-Ideas. See the FREE profile for UNT NOW at Trade-Ideas More details on UNT: Unit Corporation, together with its subsidiaries, operates as an oil and natural gas contract drilling company primarily in the United States. The company operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. Currently there are 2 analysts that rate Unit a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for Unit has been 1.2 million shares per day over the past 30 days. Unit has a market cap of $900.9 million and is part of the basic materials sector and energy industry. The stock has a beta of 2.01 and a short float of 17.9% with 3.75 days to cover. Shares are down 55.3%...