Patterson-UTI Energy, Inc. (PTEN) Is At $20.47 Formed Wedge, Ntn Buzztime (NYSEMKT:NTN) Sellers Increased By 101.75% Their Shorts

July 17, 2017 - By Kurt Siggers

Ntn Buzztime Incorporated (NYSEMKT:NTN) had an increase of 101.75% in short interest. NTN’s SI was 23,000 shares in July as released by FINRA. Its up 101.75% from 11,400 shares previously. With 31,800 avg volume, 1 days are for Ntn Buzztime Incorporated (NYSEMKT:NTN)’s short sellers to cover NTN’s short positions. The SI to Ntn Buzztime Incorporated’s float is 1.57%. The stock decreased 0.83% or $0.05 on July 14, reaching $6.5. About shares traded. NTN Buzztime Inc (NYSEMKT:NTN) has declined 20.54% since July 17, 2016 and is downtrending. It has underperformed by 37.24% the S&P500.

Patterson-UTI Energy, Inc. (PTEN) formed wedge down with $19.65 target or 4.00% below today’s $20.47 share price. Patterson-UTI Energy, Inc. (PTEN) has $4.35 billion valuation. The stock increased 0.20% or $0.04 on July 14, reaching $20.47. About shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since July 17, 2016 and is uptrending. It has outperformed by 16.21% the S&P500.

Investors sentiment increased to 0.97 in Q4 2016. Its up 0.01, from 0.96 in 2016Q3. It is positive, as 38 investors sold Patterson-UTI Energy, Inc. shares while 99 reduced holdings. 55 funds opened positions while 78 raised stakes. 157.71 million shares or 2.62% less from 161.95 million shares in 2016Q3 were reported. 62,031 were reported by Arizona State Retirement Sys. Blackrock Inv Management Ltd Liability Corp invested in 909,859 shares. Ridgeworth Capital Ltd Liability Com reported 0.28% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Virginia Retirement Systems Et Al holds 0.03% or 79,700 shares. State Of Wisconsin Investment Board invested 0.01% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Clearbridge Invests Ltd Company holds 527 shares. Royal Savings Bank Of Canada owns 210,923 shares for 0% of their portfolio. 15,332 were reported by Gideon Inc. State Treasurer State Of Michigan, Michigan-based fund reported 59,600 shares. Keybank National Association Oh accumulated 54,642 shares or 0.01% of the stock. Sg Americas Secs Ltd Liability Com has invested 0.05% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Verition Fund Mngmt Llc holds 0.05% or 20,163 shares in its portfolio. The New York-based Jennison Associates Limited Liability Co has invested 0.11% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Texas Permanent School Fund has 0.04% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 108,024 shares. 980,351 are owned by Kahn Brothers Incorporated De.

Among 27 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 15 have Buy rating, 1 Sell and 11 Hold. Therefore 56% are positive. Patterson-UTI Energy Inc had 68 analyst reports since July 28, 2015 according to SRatingsIntel. On Monday, November 30 the stock rating was upgraded by Guggenheim to “Buy”. On Friday, October 28 the stock rating was maintained by Howard Weil with “Sector Perform”. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) earned “Outperform” rating by Wells Fargo on Monday, January 11. Evercore maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Tuesday, June 6 with “Buy” rating. On Friday, April 29 the stock rating was downgraded by Wunderlich to “Hold”. The stock has “Underperform” rating by Credit Suisse on Wednesday, June 1. The firm has “Neutral” rating given on Wednesday, June 21 by Seaport Global. The rating was downgraded by Citigroup on Friday, March 18 to “Neutral”. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has “Buy” rating given on Wednesday, January 18 by Suntrust Robinson. The rating was maintained by Cowen & Co with “Outperform” on Friday, October 23.

Analysts await Patterson-UTI Energy, Inc. (NASDAQ:PTEN) to report earnings on July, 27 before the open. They expect $-0.28 earnings per share, up 51.72% or $0.30 from last year’s $-0.58 per share. After $-0.42 actual earnings per share reported by Patterson-UTI Energy, Inc. for the previous quarter, Wall Street now forecasts -33.33% EPS growth.

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