Ultra Petroleum Corp. (UPL) Reaches $4.66 After 7.00% Down Move; Unico American (UNAM) Shorts Increased By 27.69%

February 15, 2018 - By Clifton Ray

The stock of Ultra Petroleum Corp. (NASDAQ:UPL) is a huge mover today! The stock decreased 4.41% or $0.215 during the last trading session, reaching $4.655. About 523,716 shares traded. Ultra Petroleum Corp. (NASDAQ:UPL) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.The move comes after 6 months negative chart setup for the $914.01M company. It was reported on Feb, 15 by Barchart.com. We have $4.33 PT which if reached, will make NASDAQ:UPL worth $63.98 million less.

Unico American Corporation (NASDAQ:UNAM) had an increase of 27.69% in short interest. UNAM’s SI was 8,300 shares in February as released by FINRA. Its up 27.69% from 6,500 shares previously. With 1,700 avg volume, 5 days are for Unico American Corporation (NASDAQ:UNAM)’s short sellers to cover UNAM’s short positions. The SI to Unico American Corporation’s float is 0.43%. The stock increased 3.77% or $0.3 during the last trading session, reaching $8.25. About 400 shares traded. Unico American Corporation (NASDAQ:UNAM) has declined 17.23% since February 15, 2017 and is downtrending. It has underperformed by 33.93% the S&P500.

Analysts await Ultra Petroleum Corp. (NASDAQ:UPL) to report earnings on February, 28. UPL’s profit will be $82.47 million for 2.77 P/E if the $0.42 EPS becomes a reality. After $0.40 actual earnings per share reported by Ultra Petroleum Corp. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

Ultra Petroleum Corp., an independent gas and oil company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. The company has market cap of $914.01 million. The Company’s principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyoming—the Pinedale and Jonah fields; its oil reserves in the Uinta Basin in northeast Utah; and its natural gas reserves in the north-central Pennsylvania area of the Appalachian Basin. It has a 13.73 P/E ratio. As of December 31, 2016, the firm owned interests in approximately 105,000 gross acres in Wyoming; and 144,000 gross acres in Pennsylvania.

Investors sentiment increased to 0.75 in 2017 Q3. Its up 0.25, from 0.5 in 2017Q2. It improved, as 2 investors sold Unico American Corporation shares while 2 reduced holdings. 1 funds opened positions while 2 raised stakes. 1.45 million shares or 6.39% less from 1.54 million shares in 2017Q2 were reported. California Public Employees Retirement Sys owns 0% invested in Unico American Corporation (NASDAQ:UNAM) for 13,300 shares. Biglari Cap Corp holds 527,100 shares or 0.49% of its portfolio. Renaissance Ltd stated it has 15,800 shares. Royal Comml Bank Of Canada stated it has 26,962 shares or 0% of all its holdings. Dimensional Fund Advisors Lp, a Texas-based fund reported 423,959 shares. Schwartz Counsel Incorporated, a Michigan-based fund reported 397,000 shares. Blackrock holds 1,030 shares. Brandywine Glob Inv Ltd Liability Corp holds 0% in Unico American Corporation (NASDAQ:UNAM) or 22,300 shares. Morgan Stanley stated it has 0% of its portfolio in Unico American Corporation (NASDAQ:UNAM).

Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. The company has market cap of $43.78 million. The firm provides property, casualty, health, and life insurance products, as well as insurance premium financing and membership association services. It currently has negative earnings. The Company’s commercial property coverage insures against loss or damage to buildings, inventory, and equipment from natural disasters, including hurricanes, windstorms, hail, water, explosions, and severe winter weather, as well as other events, such as theft and vandalism, fires, storms, and financial loss due to business interruption resulting from covered property damage.

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