What Technical Analysis say About Unit Corporation (NYSE:UNT)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Unit Corporation (NYSE:UNT) for the period of 9-Day stands at 17.52% while the stochastic %D for the same period stands at 15.84%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Unit Corporation (NYSE:UNT) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Unit Corporation (NYSE:UNT) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Unit Corporation (NYSE:UNT)’s 20-Day Bollinger Band indicates “Hold”.

About Company

UNIT CORP. is engaged in the land contract drilling of oil and natural gas wells, the development, acquisition and production of oil and natural gas properties, and the marketing of natural gas. Its principal areas of operations are located in the Anadarko and Arkoma Basins, which cover portions of Oklahoma, Texas, Kansas and Arkansas and has additional producing properties located in other states, including but not limited to, New Mexico, Louisiana, North Dakota, Colorado, Wyoming, Montana, Alabama and Mississippi.

Previous Day Activity Analysis

On the last trading day, Unit Corporation (NYSE:UNT) opened the session at $19.26 and after going down -3.31% closed at $19. The stock lost -0.26 points in the last trade.

Unit Corporation (NYSE:UNT)’s stock fluctuated in the range of $18.14 and $19.32 during the previous active session. Unit Corporation (NYSE:UNT) traded with the volume of 619699 with average volume of 529.06 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 2.87 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.81 and 46.28 respectively.

Currently the Insider Ownership of the shares of Unit Corporation (NYSE:UNT) is at 0.5% and the shares outstanding are 52.81 Million.

Important Ratio Analysis

Some important ratios to consider here for Unit Corporation (NYSE:UNT) are discussed below:

Dividend yield of Unit Corporation (NYSE:UNT) stands at 0% whereas Price to Earnings P/E ratio stands at 452.38 while Forward P/E shows the value of 15.68.

The PEG ratio (Price to Earning to Growth) emits the value of 10.28. The Price to Sale P/S and Price to Book P/B shows the value of 1.49 and 0.78 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 1254.24 and 4.18 correspondingly.

The Quick Ratio of Unit Corporation (NYSE:UNT) stands at 0.7 while the Current Ratio depicts the value of 0.7.

Return on Assets ROA of Unit Corporation (NYSE:UNT) is at 0.1% whereas, Return on Equity ROE and Return of Investment ROI of Unit Corporation (NYSE:UNT) stand at 0.2% and -3.6% respectively.

Stock Performance Analysis

The stock performance of Unit Corporation (NYSE:UNT) on the basis of 5 day trade show the dip of -5.66% whereas, the monthly performance of the stock shows increase of 1.66%.

The quarterly performance of the stock remained in red zone with the value of -2.91% while six month performance of the shares of Unit Corporation (NYSE:UNT) remained bearish with the count of -9.26%.

The yearly and YTD performance of Unit Corporation (NYSE:UNT) remained mix at 7.71% and -29.29% respectively.