Rice Energy (RICE) Shares are Down -0.26%

Rice Energy (RICE) has risen sharply, recording gains of 5.22% in the past 4 weeks. However, the stock has corrected -0.26% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.36% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.68% and the 50-Day Moving Average is 13.08%.The 200 Day SMA reached 66.01%. Rice Energy Inc. is up 30.18% in the last 3-month period. Year-to-Date the stock performance stands at 146.15%.


Rice Energy (NYSE:RICE): After opening at $26.9, the stock dipped to an intraday low of $26.75 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.18 and the buying power remained strong till the end. The stock closed at $26.83 for the day, a gain of 0.86% for the day session. The total traded volume was 1,184,896. The stocks close on the previous trading day was $26.6.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.