Carbo Ceramics (CRR) : During the past 4 weeks, traders have been relatively bearish on Carbo Ceramics (CRR), hence the stock is down -13.2% 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 -6% relative to the S&P 500. The 4-week change in the price of the stock is -13.31% and the stock has fallen -5.53% in the past 1 week.
The stock has recorded a 20-day Moving Average of 11.05% and the 50-Day Moving Average is 8.55%.The 200 Day SMA reached 19.05%. CARBO Ceramics Inc. has dropped 10.08% during the last 3-month period . Year-to-Date the stock performance stands at -28.43%.
Carbo Ceramics (NYSE:CRR): After opening at $12.46, the stock dipped to an intraday low of $12.23 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.65 and the buying power remained strong till the end. The stock closed at $12.31 for the day, a gain of 0.74% for the day session. The total traded volume was 427,863. The stocks close on the previous trading day was $12.22.
Carbo Ceramics Inc. is an oilfield services technology company , which supplies ceramic proppant and, sells sand and resin-coated sand. The Company also sells sand independent of its resin-coating operations. It also provides fracture simulation software, and, fracture design and consulting services, and a range of technologies for spill prevention, containment and countermeasures. The Companys products and services are primarily used in the hydraulic fracturing of natural gas and oil wells. There are three primary types of proppant that can be utilized in the hydraulic fracturing process: sand, resin-coated sand and ceramic. The Company manufactures six ceramic proppants: KRYPTOSPHERETM HD, CARBOHSP, CARBOPROP, CARBOLITE, CARBOECONOPROP and CARBOHYDROPROP. The Company produces resin-coated ceramic (CARBOBOND LITE) and resin-coated sand (CARBOBOND RCS) proppants; CARBO NORTHERN WHITE, a frac sand; and CARBONRT proppant. The Company also sells SCALEGUARD, a porous ceramic proppant.