Northern Oil and Gas, Inc.s in-depth stock price analysis indicates that the stock price has rallied 78.38% 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 -1.2% . Looking at the past 52 week period, the stock price is up at 10.74% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Northern Oil and Gas, Inc. has a negative value of -31.08 compared to overall market performance. Northern Oil and Gas, Inc. (NYSEMKT:NOG) has tumbled 5.71% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.54% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 6.47%. Northern Oil and Gas, Inc. (NYSEMKT:NOG) has underperformed the index by 0.28% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Northern Oil and Gas, Inc. (NYSEMKT:NOG) : On Friday heightened volatility was witnessed in Northern Oil and Gas, Inc. (NYSEMKT:NOG) which led to swings in the share price. The stock opened for trading at $3.1 and hit $3.375 on the upside , eventually ending the session at $3.3, with a gain of 6.45% or 0.2 points. The heightened volatility saw the trading volume jump to 1,187,079 shares. The 52-week high of the share price is $5.85 and the company has a market cap of $208 million. The 52-week low of the share price is at $1.55 .
Northern Oil & Gas Last issued its quarterly earnings results on Aug 4, 2016. The company reported $0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.05. The company had revenue of $32.10 million for the quarter, compared to analysts expectations of $60.85 million. The companys revenue was down -21.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.19 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Northern Oil & Gas was Downgraded by RBC Capital Mkts on Dec 15, 2016 to Sector Perform, Price Target of the shares are set at $4.
Company has reported several Insider transactions to the SEC, on May 20, 2015, Michael Lewis Reger (C E O) purchased 25,000 shares at 6.46 per share price.
NORTHRN OIL & GAS, Inc. is an exploration and production company based in Wayzata, Minnesota. Northern Oils core area of focus is the Williston Basin, specifically the Mountrail County, North Dakota area Bakken Play. Northern Oils secondary objective is conventional, 3D driven, oil and gas exploration and development throughout the Rocky Mountain region.