Chesapeake Energy Corporation : Today's Research Reports on Trending Tickers: Chesapeake Energy and Southwestern Energy
NEW YORK, NY / ACCESSWIRE / September 11, 2017 / U.S. markets, the dollar and bond yields posted weekly losses on the combination of weather concerns and rising geopolitical tensions between the U.S. and North Korea. The Dow Jones Industrial Average gained 0.06 percent to close at 21,797.79, down 189.77 for the week, while the S&P 500 Index fell 0.15 percent to close at 2,461.43, down 0.61 percent for the week.
"Today is sort of a hunker-down sort of day," said Kate Warne, investment strategist at Edward Jones. "After insurance stocks dropped sharply earlier in the week, investors are seeing them as an opportunity and hoping Irma isn't as bad as feared." "We'll see stocks hover around flatline," Warn added.
RDI Initiates Coverage on:
Chesapeake Energy Corporation's (NYSE: CHK) stock moved 5.94% lower Friday, to close the day at $3.64. The stock recorded a trading volume of 39,759,451 shares, which was above its three months average volume of 33,028,600 shares. In the last year, Chesapeake Energy Corporation's shares have traded in a range of 3.55 - 8.20. The stock is currently trading 55.61% below its 52-week high. The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $4.18 is below its 200-day moving average of $5.03. Shares of Chesapeake Energy have fallen approximately 48.15 percent year-to-date.
Access RDI's Chesapeake Energy Corporation Research Report at: https://rdinvesting.com/news/?ticker=CHK
On Friday, shares in Southwestern Energy Company (NYSE: SWN) recorded a trading volume of 18,745,037 shares, which was above the three months average volume of 16,534,400 shares. The stock ended the day 5.82% lower at 5.18. The stock is currently trading 66.41% below its 52-week high with a 52-week trading range of 5.00 - 15.42.The company's shares are currently trading below their 200-day moving average. Moreover, the stock's 50-day moving average of $5.44 is below its 200-day moving average of $6.62. Shares of Southwestern Energy have fallen approximately 52.13 percent year-to-date.
Access RDI's Southwestern Energy Company Research Report at: https://rdinvesting.com/news/?ticker=SWN
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