Sanchez Energy Corporation (SN) : During the past 4 weeks, traders have been relatively bearish on Sanchez Energy Corporation (SN), hence the stock is down -22.45% 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 -7.02% relative to the S&P 500. The 4-week change in the price of the stock is -19.06% and the stock has fallen -5.63% in the past 1 week. The stock has recorded a 20-day Moving Average of 13.06% and the 50-Day Moving Average is 20.39%.
Sanchez Energy Corporation (NYSE:SN): The stock opened at $6.51 on Friday but the bulls could not build on the opening and the stock topped out at $6.54 for the day. The stock traded down to $6.19 during the day, due to lack of any buying support eventually closed down at $6.20 with a loss of -3.88% for the day. The stock had closed at $6.45 on the previous day. The total traded volume was 1,926,978 shares.
The company Insiders own 15.32% of Sanchez Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.41% . Institutional Investors own 51.24% of Sanchez Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 40.55%. In a related news, The Securities and Exchange Commission has divulged that Hill Garrick A., officer (Interim CFO) of Sanchez Energy Corp, had unloaded 977 shares at an average price of $6.77 in a transaction dated on July 5, 2016. The total value of the transaction was worth $6,614.
Sanchez Energy Corporation is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. In the Eagle Ford Shale, the Company has assembled approximately 226,000 net leasehold acres with an average working interest of approximately 93%. In the TMS, the Company owns approximately 40,000 net undeveloped acres in Southwest Mississippi and Southeast Louisiana.