Cabot Oil & Gas Corporation (COG) : During the past 4 weeks, traders have been relatively bearish on Cabot Oil & Gas Corporation (COG), hence the stock is down -4.46% 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 -7.25% relative to the S&P 500. The 4-week change in the price of the stock is -6.39% and the stock has fallen -6.75% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.28% and the 50-Day Moving Average is 2.62%.The 200 Day SMA reached 9.23% Cabot Oil & Gas Corporation has dropped 1.38% during the last 3-month period . Year-to-Date the stock performance stands at 37.73%.
Cabot Oil & Gas Corporation (COG) : The highest level Cabot Oil & Gas Corporation (COG) is projected to reach is $38 for the short term and the lowest estimate is at $23. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $29.65 and the possibility the share price can swing is $4.06.
For the current week, the company shares have a recommendation consensus of Buy. Cabot Oil & Gas Corporation (NYSE:COG): stock was range-bound between the intraday low of $24.02 and the intraday high of $24.74 after having opened at $24.71 on Fridays session. The stock finally closed in the red at $24.71, a loss of -2.96%. The stock remained in the red for the whole trading day. The total traded volume was 7,010,201 shares. The stock failed to cross $24.74 in Fridays trading. The stocks closing price on Thursday was $25.04.
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Companys exploration, development and production operations are primarily concentrated in two plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Companys Marcellus Shale properties are principally located in Susquehanna County and to a lesser extent Wyoming County, Pennsylvania. The Companys properties in the Eagle Ford Shale are principally located in Atascosa, Frio and La Salle Counties, Texas. The Company also has operations in various other unconventional and conventional plays throughout the continental United States, including the Utica Shale in Pennsylvania; the Cotton Valley, Haynesville, Bossier, and James Lime formations in east Texas, and the Devonian Shale, Big Lime, Weir and Berea in West Virginia.