Carrizo Oil & Gas (NASDAQ:CRZO) : During the past 4 weeks, traders have been relatively bearish on Carrizo Oil & Gas (NASDAQ:CRZO), hence the stock is down -7.46% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.47% relative to the S&P 500. The 4-week change in the price of the stock is -5.96% and the stock has fallen -3.24% in the past 1 week.
The company shares have dropped -18.02% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $44.74 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $37.96 and the 200 Day Moving Average price is recorded at $30.78.
The stock has recorded a 20-day Moving Average of 5.89% and the 50-Day Moving Average is 3.9%.
Carrizo Oil & Gas (NASDAQ:CRZO): stock turned positive on Friday. Though the stock opened at $35.85, the bulls momentum made the stock top out at $35.87 level for the day. The stock recorded a low of $34.535 and closed the trading day at $35.49, in the green by 1.69%. The total traded volume for the day was 912,102. The stock had closed at $34.9 in the previous days trading.
In an insider trading activity, Ramsey Roger A, director of Carrizo Oil & Gas Inc, unloaded 2,000 shares at an average price of $35.8 on May 5, 2016. The total amount of the transaction was worth $71,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Carrizo Oil & Gas, Inc. (Carrizo) is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado and the Marcellus Shale in Pennsylvania. The Companys core Eagle Ford properties are located in LaSalle County in McMullen, Frio and Atascosa counties in Texas. It has joint venture arrangements with GAIL GLOBAL (USA) INC. (GAIL), which is a wholly owned subsidiary of GAIL (India) Limited. The Company serves as an operator of the properties covered by its Niobrara joint venture arrangements. The Companys activities in the Marcellus are conducted through two joint ventures.