{"id":28901,"date":"2012-04-19T03:50:14","date_gmt":"2012-04-19T07:50:14","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28901"},"modified":"2012-04-19T03:50:14","modified_gmt":"2012-04-19T07:50:14","slug":"downgrade-alert-for-unit-corp-unt","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/04\/19\/downgrade-alert-for-unit-corp-unt\/","title":{"rendered":"Downgrade Alert for Unit Corp (UNT)"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vbc0f5829c0318f5f2b24c4e9320bc559a613c9fd&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vbc0f5829c0318f5f2b24c4e9320bc559a613c9fd&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Unit Corp (NYSE:UNT) was downgraded from Strong Buy to Market Perform at Raymond James today. The stock closed yesterday at $40.37 on volume of 393,000 shares, above average daily volume of 289,000.Over the past year, Unit Corp has traded in a range of $33.56 to $63.58 and closed yesterday at $40.39, 20% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.6%.Potential upside of 54.7% exists for Unit Corp, based on a current level of $40.39 and analysts&#8217; average consensus price target of $62.50. The stock should run into initial resistance at its 50-day moving average (MA) of $45.75 and subsequent resistance at its 200-day MA of $47.71.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/19\/1_7leq5i69_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/19\/1_7leq5i69_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unit Corp (NYSE:UNT) was downgraded from Strong Buy to Market Perform at Raymond James today. The stock closed yesterday at $40.37 on volume of 393,000 shares, above average daily volume of 289,000.Over the past year, Unit Corp has traded in a range of $33.56 to $63.58 and closed yesterday at $40.39, 20% above that low. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/04\/19\/downgrade-alert-for-unit-corp-unt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Downgrade Alert for Unit Corp (UNT)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28901","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28901"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28901\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}