Hornbeck Offshore (HOS) Falls: Stock Goes Down 7.9% - Tale of the Tape

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Hornbeck Offshore Services, Inc. ( HOS ) saw a big move last session, as the company's shares fell by nearly 8 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session.  This continues the recent trend of the company, as HOS is now trading within the volatile price range of $38.1to $41.7 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as this oil field services provider has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

HOS currently has a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the Oil-Field Services include Flotek Industries Inc. ( FTK ), Unit Corporation ( UNT ) and Exterran Holdings, Inc. ( EXH ). All these carry a Zacks Rank #1 (Strong Buy).

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EXTERRAN HLDGS (EXH): Free Stock Analysis Report

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HORNBECK OFFSHR (HOS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: EXH , FTK , HOS , UNT

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