Basic Energy Services, Inc. (BAS)’s Insider Ascribe Capital Llc, Unloaded $628,034 in Stock; TELENOR ASA ORD (TELNF) SI Increased By 9.27%

TELENOR ASA ORD (OTCMKTS:TELNF) had an increase of 9.27% in short interest. TELNF’s SI was 240,500 shares in January as released by FINRA. Its up 9.27% from 220,100 shares previously. With 34,500 avg volume, 7 days are for TELENOR ASA ORD (OTCMKTS:TELNF)’s short sellers to cover TELNF’s short positions. The stock increased 3.17% or $0.74 during the last trading session, reaching $24.06. About shares traded. Telenor ASA (OTCMKTS:TELNF) has 0.00% since January 17, 2017 and is . It has underperformed by 16.70% the S&P500.

24,000 shares of Basic Energy Services Inc were sold by Ascribe Capital Llc, a firm’s insider. Ascribe Capital Llc’s shares are valued at roughly $628,034 which has been calculated based on the average transactions’ share price of $26.2. Currently, Ascribe Capital Llc owns 3.63 million shares which make up exactly 13.94% of the company’s total market cap. The date was 16-01-2018 when Ascribe Capital Llc reported the transaction, and it was made public in a Form 4 with the SEC, accessible online on this website.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. The company has market cap of $620.77 million. The Company’s Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. It has a 10.98 P/E ratio. This segment operates 281 pumping units; and 47 air compressor packages.

Among 20 analysts covering Basic Energy Services (NYSE:BAS), 7 have Buy rating, 1 Sell and 12 Hold. Therefore 35% are positive. Basic Energy Services has $51 highest and $1.50 lowest target. $12.32’s average target is -48.34% below currents $23.85 stock price. Basic Energy Services had 48 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “In-Line” rating by Imperial Capital given on Wednesday, September 30. On Thursday, March 30 the stock rating was upgraded by Seaport Global to “Buy”. The stock of Basic Energy Services, Inc. (NYSE:BAS) has “In-Line” rating given on Wednesday, February 3 by Imperial Capital. On Monday, February 22 the stock rating was maintained by Howard Weil with “Sector Perform”. The stock of Basic Energy Services, Inc. (NYSE:BAS) has “Neutral” rating given on Monday, October 26 by Simmons & Co. The firm has “Sector Perform” rating given on Monday, December 14 by Howard Weil. The firm has “Outperform” rating given on Monday, February 22 by Iberia Capital Partners. The firm has “Hold” rating by Deutsche Bank given on Thursday, March 30. The company was maintained on Monday, November 6 by Credit Suisse. The firm earned “Buy” rating on Wednesday, December 20 by Seaport Global.

Analysts await Basic Energy Services, Inc. (NYSE:BAS) to report earnings on March, 22. They expect $-0.28 earnings per share, up 76.27% or $0.90 from last year’s $-1.18 per share. After $-0.24 actual earnings per share reported by Basic Energy Services, Inc. for the previous quarter, Wall Street now forecasts 16.67% negative EPS growth.

The stock decreased 4.26% or $1.06 during the last trading session, reaching $23.85. About 285,898 shares traded. Basic Energy Services, Inc. (NYSE:BAS) has 0.00% since January 17, 2017 and is . It has underperformed by 16.70% the S&P500.

Telenor ASA, together with its subsidiaries, operates as a telecommunication firm worldwide. The company has market cap of $36.14 billion. The Company’s services and products primarily include mobile communication, fixed line communication, and broadcasting activities. It has a 23.59 P/E ratio. The companyÂ’s mobile communication services comprise voice, data, Internet, and content services, as well as customer equipment and messaging.