Will SandRidge Energy Inc.(NYSE:SD), Comstock Resources Inc(NYSE:CRK), and Approach Resources Inc.(NASDAQ:AREX) Become Industry Leaders?
New York, NY – GDP INSIDER – 01/06/2015.
This article discusses three companies: SandRidge Energy Inc.(NYSE:SD), Comstock Resources Inc(NYSE:CRK), Approach Resources Inc.(NASDAQ:AREX)
SandRidge Energy Inc.(NYSE:SD) saw a decline of 12.57% in value as the stock lost twenty-two cents to close the day at $1.53 yesterday. However, the stock managed to gain two cents during afterhours trading. SandRidge Energy Inc, which has a market cap of $858.93 million, had a trading volume of 25.49 million, a figure which is 9.72 million greater than its 30-day average trading volume of 15.77 million. The ticker has a beta of 2.73, meaning it is 173% more volatile than the market, and currently stands at a weekly performance of -19.47%.
Comstock Resources Inc(NYSE:CRK), which traded within a range of $6.00 to $6.80 after opening the day at $6.77, lost 12.23% value during yesterday’s trading and closed the day at $6.17. The $344.84 million stock, which lost $0.86 per share during yesterday’s trading, is currently situated at a weekly performance of -9.53%, monthly performance of -19.24% and a quarterly performance of -62.61%. Comstock Resources Inc has a target price of $11.07, annual dividend of $0.50 and an annual dividend yield of 8.10%.
Approach Resources Inc.(NASDAQ:AREX) had a high trading volume of 2.15 million yesterday. This figure is 0.20 million greater than its 30-day average trading volume of 1.95 million. The company finished yesterday’s trading at a closing price of $5.62 after a 11.91% loss of $0.76. The ticker traded within a range of $5.51 to $6.33 during the day and its 50-day SMA is currently 8.62 and 200-day SMA is 16.23. Approach Resources Inc has an earnings per share (ttm) of 2.39 and a beta of 1.99, meaning it is 99% more volatile than the market.
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