Reis, Inc. (REIS) Trades at $20.80 After Triangle; Approach Resources, Inc. (AREX) Had 2 Bullish Analysts

Reis, Inc. (NASDAQ:REIS) Logo

Reis, Inc. (REIS) formed triangle with $19.55 target or 6.00% below today’s $20.80 share price. Reis, Inc. (REIS) has $240.65M valuation. The stock increased 0.73% or $0.15 during the last trading session, reaching $20.8. About 39,492 shares traded or 91.15% up from the average. Reis, Inc. (NASDAQ:REIS) has risen 13.19% since June 14, 2017 and is uptrending. It has outperformed by 0.62% the S&P500. Some Historical REIS News: ; 29/03/2018 – U.S. retail vacancies at 10 percent in first quarter – Reis; 30/05/2018 – Reis & lrvy’s Frozen Yogurt Robots Announces Delivery for June Franchisee Installations; 23/05/2018 – CORRECTING and REPLACING Reis & Irvy’s Frozen Yogurt Robots Are Coming to Canada; 08/03/2018 – Reis 4Q Rev $12.3M; 27/03/2018 – U.S. apartment vacancy rate up slightly in first quarter – Reis; 08/03/2018 Reis 4Q Loss/Shr 40c; 07/05/2018 – Reis 1Q Loss/Shr 3c; 08/03/2018 – REIS INC – STRATEGIC ALTERNATIVES TO BE CONSIDERED MAY ALSO INCLUDE CONTINUING WITH CURRENT BUSINESS PLAN, OR OTHER POTENTIAL ALTERNATIVES; 08/03/2018 – REIS INC – STRATEGIC ALTERNATIVES TO BE CONSIDERED MAY INCLUDE A SALE OF COMPANY, A MERGER OR OTHER BUSINESS COMBINATION WITH ANOTHER PARTY; 23/05/2018 – CORRECTING and REPLACING Reis & lrvy’s Frozen Yogurt Robots Are Coming to Canada

Among 14 analysts covering Approach Resources (NASDAQ:AREX), 2 have Buy rating, 1 Sell and 11 Hold. Therefore 14% are positive. Approach Resources had 25 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, November 13, the company rating was maintained by KeyBanc Capital Markets. The firm has “Hold” rating given on Monday, May 14 by KLR Group. The firm has “Hold” rating given on Tuesday, September 26 by Robert W. Baird. The rating was downgraded by Macquarie Research on Wednesday, September 9 to “Neutral”. KeyBanc Capital Markets maintained Approach Resources, Inc. (NASDAQ:AREX) on Tuesday, September 5 with “Hold” rating. The firm earned “Sell” rating on Wednesday, June 21 by Seaport Global. Wunderlich maintained the stock with “Hold” rating in Tuesday, May 24 report. RBC Capital Markets maintained it with “Outperform” rating and $9 target in Friday, August 7 report. The firm has “Accumulate” rating by KLR Group given on Monday, August 10. The stock has “Buy” rating by Wunderlich on Wednesday, October 26. See Approach Resources, Inc. (NASDAQ:AREX) latest ratings:

14/05/2018 Broker: KLR Group Old Rating: Buy New Rating: Hold Downgrade

Since January 3, 2018, it had 3 insider buys, and 0 sales for $3.47 million activity. Wilks Brothers – LLC bought $1.55 million worth of Approach Resources, Inc. (NASDAQ:AREX) on Tuesday, January 9.

Investors sentiment decreased to 0.85 in 2018 Q1. Its down 0.69, from 1.54 in 2017Q4. It fall, as 8 investors sold Approach Resources, Inc. shares while 26 reduced holdings. 9 funds opened positions while 20 raised stakes. 19.65 million shares or 1.17% less from 19.88 million shares in 2017Q4 were reported. Vanguard Gp Inc holds 1.87 million shares or 0% of its portfolio. 74,500 are held by Schwab Charles. Peak6 Invests Limited Partnership holds 15,377 shares or 0% of its portfolio. 56,144 are owned by Citadel Advsrs. Bank Of New York Mellon Corp owns 177,566 shares. New Generation Advsrs invested in 1.99 million shares. Rhumbline Advisers has 0% invested in Approach Resources, Inc. (NASDAQ:AREX) for 38,310 shares. Price T Rowe Incorporated Md has invested 0% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX). Kbc Nv has 102,628 shares. Westwood Grp Inc invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Bnp Paribas Arbitrage Sa stated it has 0% in Approach Resources, Inc. (NASDAQ:AREX). State Street Corp reported 595,524 shares. Northern Tru holds 0% of its portfolio in Approach Resources, Inc. (NASDAQ:AREX) for 483,561 shares. Invesco Limited stated it has 217,944 shares. Centerbridge Partners L P holds 0.08% in Approach Resources, Inc. (NASDAQ:AREX) or 308,755 shares.

It closed at $2.6 lastly. It is down 4.35% since June 14, 2017 and is uptrending. It has underperformed by 8.22% the S&P500. Some Historical AREX News: ; 02/05/2018 – Approach Resources 1Q Adj Loss/Shr 7c; 02/05/2018 – Approach Resources 1Q Rev $28.8M; 08/03/2018 – APPROACH RESOURCES 4Q PRODUCTION 11.6 MBOE/D; 21/04/2018 – DJ Approach Resources Inc, Inst Holders, 1Q 2018 (AREX); 14/05/2018 – APPROACH RESOURCES INC AREX.O : KLR GROUP RAISES TARGET PRICE TO $3; 08/03/2018 – Approach Resources 4Q Net $45.8M; 02/05/2018 – APPROACH RESOURCES 1Q PRODUCTION 11.3 MBOE/D; 08/03/2018 – APPROACH RESOURCES INC – CAPITAL BUDGET FOR 2018 IS A RANGE OF $50 MLN TO $70 MLN; 08/03/2018 Approach Resources 4Q EPS 51c; 08/03/2018 – APPROACH RESOURCES 4Q ADJ LOSS/SHR 7C, EST. LOSS/SHR 7C

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional gas and oil reserves in the United States. The company has market cap of $237.44 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas. It currently has negative earnings. It also owns interests in east Texas Basin.

Analysts await Reis, Inc. (NASDAQ:REIS) to report earnings on August, 7. They expect $0.01 EPS, down 66.67% or $0.02 from last year’s $0.03 per share. REIS’s profit will be $115,697 for 520.00 P/E if the $0.01 EPS becomes a reality. After $-0.03 actual EPS reported by Reis, Inc. for the previous quarter, Wall Street now forecasts -133.33% EPS growth.

Among 4 analysts covering Reis (NASDAQ:REIS), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Reis had 8 analyst reports since March 23, 2016 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $23.0 target in Sunday, November 5 report. Canaccord Genuity initiated the shares of REIS in report on Wednesday, March 23 with “Buy” rating. The rating was maintained by Canaccord Genuity on Wednesday, August 9 with “Buy”. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, August 1 report. As per Tuesday, May 8, the company rating was maintained by FBR Capital.