Bonanza Creek Energy (BCEI) : During the past 4 weeks, traders have been relatively bearish on Bonanza Creek Energy (BCEI), hence the stock is down -60.27% 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 -1.54% relative to the S&P 500. The 4-week change in the price of the stock is -59.28% and the stock has fallen -1.12% in the past 1 week.
Bonanza Creek Energy (NYSE:BCEI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.80 and $0.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.79, notching a gain of 1.46% for the day. The total traded volume was 1,683,066 . The stock had closed at $0.78 on the previous day.
The stock has recorded a 20-day Moving Average of 29.66% and the 50-Day Moving Average is 57.28%. Bonanza Creek Energy, Inc. has dropped 77.57% during the last 3-month period . Year-to-Date the stock performance stands at -84.93%.
Bonanza Creek Energy (BCEI) : The highest level Bonanza Creek Energy (BCEI) is projected to reach is $6 for the short term and the lowest estimate is at $1. The consolidated price target from 14 rating analysts who initiate coverage on the stock is $2.29 and the possibility the share price can swing is $1.31.
Bonanza Creek Energy, Inc. is an energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. Its oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado, which the Company has designated the Rocky Mountain region and the Dorcheat Macedonia Field in Southern Arkansas, which it has designated the Mid-Continent region. In addition, the Company owns and operates oil-producing assets in the North Park Basin in Colorado and the McKamie Patton Field in Southern Arkansas. It operates approximately 98% of its proved reserves with an average working interest of approximately 86%.