Rice Energy (RICE) : During the past 4 weeks, traders have been relatively bearish on Rice Energy (RICE), hence the stock is down -7.31% 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 -1.34% relative to the S&P 500. The 4-week change in the price of the stock is -1.05% and the stock has fallen -0.73% in the past 1 week.
Rice Energy (NYSE:RICE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.74 and $21.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.74, notching a gain of 0.88% for the day. The total traded volume was 1,885,315 . The stock had closed at $21.55 on the previous day.
The stock has recorded a 20-day Moving Average of 1.81% and the 50-Day Moving Average is 3.51%. Rice Energy Inc. is up 28.49% in the last 3-month period. Year-to-Date the stock performance stands at 99.45%.
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.