Enerplus Corporation (ERF) : During the past 4 weeks, traders have been relatively bearish on Enerplus Corporation (ERF), hence the stock is down -20.42% 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 -11.48% relative to the S&P 500. The 4-week change in the price of the stock is -22.03% and the stock has fallen -11.01% in the past 1 week.
The stock has recorded a 20-day Moving Average of 14.57% and the 50-Day Moving Average is 10.13%.The 200 Day SMA reached 24.52% Enerplus Corporation has dropped 3.5% during the last 3-month period . Year-to-Date the stock performance stands at 79.16%.
Enerplus Corporation (ERF) : The consensus price target for Enerplus Corporation (ERF) is $7.38 for the short term with a standard deviation of $3.63. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $13, however, the pessimist price target for the company is $4.
Company shares have received an average consensus rating of Hold for the current week Enerplus Corporation (NYSE:ERF): stock was range-bound between the intraday low of $5.72 and the intraday high of $6.02 after having opened at $5.84 on Fridays session. The stock finally closed in the red at $5.84, a loss of -0.50%. The stock remained in the red for the whole trading day. The total traded volume was 1,463,608 shares. The stock failed to cross $6.02 in Fridays trading. The stocks closing price on Thursday was $5.98.
Enerplus Corporation is a Canada-based energy producer. The Companys capital program is focused on the development of its crude oil and natural gas core areas of operation, which includes its North Dakota and Montana crude oil assets in the Williston Basin, and its natural gas interests in northeast Pennsylvania. The Companys oil and natural gas property interests are located in western Canada in the provinces of Alberta, British Columbia and Saskatchewan, and in the United States, primarily in the states of Montana, North Dakota, Pennsylvania and West Virginia. The Companys properties consist of approximately 42% crude oil and natural gas liquids (NGLs) and 58% natural gas properties. The Company drilled around 14 wells at Brooks; seven injection wells and seven production wells at Medicine Hat and 27.2 net horizontal wells in the Fort Berthold region. It has around 71 net producing wells in the Marcellus. Enerplus USA is a subsidiary of the Company.