Rice Energy (RICE) : During the past 4 weeks, traders have been relatively bearish on Rice Energy (RICE), hence the stock is down -5.52% 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 -4.99% relative to the S&P 500. The 4-week change in the price of the stock is -1.4% and the stock has fallen -3.57% in the past 1 week. The stock has recorded a 20-day Moving Average of 1.67% and the 50-Day Moving Average is 6.36%.
Rice Energy (NYSE:RICE): The stock was completely flat for the day, closing at $21.90 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $22.22, the stock touched an intraday high of $22.22 and a low of $21.69. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $21.90. The total trading volume on Friday was 1,561,010.
The company Insiders own 2.2% of Rice Energy shares according to the proxy statements. Institutional Investors own 87.7% of Rice Energy shares. During last six month period, the net percent change held by insiders has seen a change of -68.76%. In a related news, The Securities and Exchange Commission has divulged that Rice Daniel, director 10% owner of Rice Energy Inc., had unloaded 5,000,000 shares at an average price of $7.75 in a transaction dated on December 21, 2015. The total value of the transaction was worth $38,750,000.
Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company operates in two segments: Exploration and Production, and Midstream. Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of Rice Energy and third-parties. The Companys Exploration and Production segment operates in the core of the Marcellus, Utica Shales and Upper Devonian Shale. The Companys midstream assets consist of gathering systems and associated compression infrastructure at Washington County System, Greene County System and Belmont County System.