On a relative basis, the stock has outperformed the S&P 500 by 8.6% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.58% in the last 1 week, and is up 10.35% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 11.87% from its 1 Year high price. On Jun 29, 2016, the shares registered one year high at $23.57 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $21.23 and the 200 Day Moving Average price is recorded at $14.69.
The stock has recorded a 20-day Moving Average of 3.27% and the 50-Day Moving Average is 13.19%.
Rice Energy (NYSE:RICE): stock turned positive on Friday. Though the stock opened at $22.7, the bulls momentum made the stock top out at $22.95 level for the day. The stock recorded a low of $22.15 and closed the trading day at $22.71, in the green by 1.84%. The total traded volume for the day was 2,350,819. The stock had closed at $22.3 in the previous days trading.
In an insider trading activity, The director 10% owner, of Rice Energy Inc., Rice Daniel had unloaded 5,000,000 shares at $7.75 per share in a transaction on December 21, 2015. The total value of transaction was $38,750,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.