Carrizo Oil & Gas (CRZO) Shares are Up 4.13%

Carrizo Oil & Gas (CRZO) : Traders are bullish on Carrizo Oil & Gas (CRZO) as it has outperformed the S&P 500 by a wide margin of 15.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.61%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.13% in the last 1 week, and is up 14.96% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 7.22% and the 50-Day Moving Average is 10.98%.The 200 Day SMA reached 22.54%. Carrizo Oil & Gas Inc. is up 2.43% in the last 3-month period. Year-to-Date the stock performance stands at 33.77%.


Carrizo Oil & Gas (NASDAQ:CRZO): After opening at $38.9, the stock dipped to an intraday low of $38.6 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $39.74 and the buying power remained strong till the end. The stock closed at $39.57 for the day, a gain of 3.72% for the day session. The total traded volume was 1,390,096. The stocks close on the previous trading day was $38.15.

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.

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