Large Inflow of Money Witnessed in Eclipse Resources Corporation

Eclipse Resources Corporation (NYSE:ECR) : On Wednesday, The money flowed into the Eclipse Resources Corporation (NYSE:ECR) stock with an uptick to downtick ratio was recorded at 1.21. Transactions worth $10.8 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $8.95 million. The total money flow into the stock was $1.85 million. The block trades reveal a bullish bias with an up-down ratio of 1.88. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $3.69 million of block transactions on upticks. The value of block trades on downticks was $1.96 million, indicating lower selling interest. The total money flow in block trades was $1.73 million. In terms of price action, Eclipse Resources Corporation (NYSE:ECR) traded down $0.7 during the session at $3.41. Compared to the previous days closing, the stock was down only by -17.03%. For the week, the stock is -19.39%, over previous weeks closing.


In an insider trading activity,The officer (EVP & CFO) of Eclipse Resources Corp, Denezza Matthew R sold 15,396 shares at $1.1 on March 9, 2016. The Insider selling transaction had a total value worth of $16,936. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.13% of Eclipse Resources Corporation shares according to the proxy statements. Institutional Investors own 21.93% of Eclipse Resources Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -7.02%.

The company shares have dropped -17.96% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $5.35 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $3.29 and the 200 Day Moving Average price is recorded at $1.88. Eclipse Resources Corporation (NYSE:ECR): The stock opened at $3.58 on Wednesday but the bulls could not build on the opening and the stock topped out at $3.58 for the day. The stock traded down to $3.34 during the day, due to lack of any buying support eventually closed down at $3.41 with a loss of -17.03% for the day. The stock had closed at $4.11 on the previous day. The total traded volume was 24,146,542 shares.

Eclipse Resources Corporation (Eclipse) is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. It has assembled an acreage position approximating 221,700 net acres in Eastern Ohio. Approximately 100,700 of its net acres are located in the Utica Shale fairway, which it refers to as the Utica Core Area, and approximately 27,250 of these net acres are also prospective for the area of the Marcellus Shale in Eastern Ohio within what it refers to as its Marcellus Project Area. The Company is the operator of approximately 85% of its net acreage within the Utica Core Area and its Marcellus Project Area. Eclipse has identified approximately 3,112 gross (810 net) remaining horizontal drilling locations across its acreage, which comprises 605 locations within the Utica Core Area and 205 locations within its Marcellus Project Area.

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