Crescent Point Energy Corporation (NYSE:CPG) has tumbled 7.57% during the past week and has dropped 8.07% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 6.46%. Crescent Point Energy Corporation (NYSE:CPG) has underperformed the index by 8.91% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Crescent Point Energy Corporation (NYSE:CPG): The stock opened at $15.76 on Friday but the bulls could not build on the opening and the stock topped out at $16.20 for the day. The stock traded down to $15.29 during the day, due to lack of any buying support eventually closed down at $15.38 with a loss of -0.26% for the day. The stock had closed at $15.42 on the previous day. The total traded volume was 1,762,909 shares.
The company shares have dropped -28.96% from its 1 Year high price. On Jun 24, 2015, the shares registered one year high at $22.30 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $16.54 and the 200 Day Moving Average price is recorded at $13.41.
Institutional Investors own 37.72% of Crescent Point Energy Corporation shares.