Carrizo Oil & Gas, Inc. s in-depth stock price analysis indicates that the stock price has dropped -7.93% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -10.18% . Looking at the past 52 week period, the stock price is up at 46.73% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Carrizo Oil & Gas, Inc. has a positive value of 20.8 compared to overall market. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has tumbled 3.67% during the past week and has dropped 6.26% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.45%. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has underperformed the index by 7.94% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) : On Friday heightened volatility was witnessed in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) which led to swings in the share price. The stock opened for trading at $33.24 and hit $34.13 on the upside , eventually ending the session at $34.13, with a gain of 4.5% or 1.47 points. The heightened volatility saw the trading volume jump to 1,195,756 shares. The 52-week high of the share price is $43.96 and the company has a market cap of $2,223 million. The 52-week low of the share price is at $19.45 .
Carrizo Oil & Gas Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.18. The company had revenue of $111.20 million for the quarter, compared to analysts expectations of $129.40 million. The companys revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Jan 6, 2017 to Buy, Raises Price Target to $ 47 from a previous price target of $46 .Carrizo Oil & Gas Inc was Downgraded by Seaport Global Securities to Neutral on Dec 9, 2016. Carrizo Oil & Gas Inc was Initiated by Raymond James on Dec 6, 2016 to Strong Buy, Price Target of the shares are set at $60.
Company has reported several Insider transactions to the SEC, on Feb 8, 2017, S P Iv Johnson (President and CEO) sold 6,000 shares at 34.80 per share price.On Oct 12, 2016, John Bradley Fisher (VP & Chief Operating Officer) sold 7,500 shares at 43.00 per share price.On Oct 6, 2016, Roger A Ramsey (director) sold 1,000 shares at 41.35 per share price.
Carrizo Oil & Gas, Inc. is a Houston-based energy company actively engaged in the exploration, development, exploitation and production of oil and natural gas primarily in proven trends in the Barnett Shale area in North Texas and along the Texas and Louisiana onshore Gulf Coast regions. Carrizo controls significant prospective acreage blocks and utilizes advanced three-D seismic techniques to identify potential oil and gas reserves and drilling opportunities.