Eclipse Resources Corporation (ECR) has been under a strong bear grip, hence the stock is down -1.26% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.38% in the past 1 week. The stock has risen by 1.54% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.79% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.2% and the 50-Day Moving Average is 0.65%.The 200 Day SMA reached 42.49%
Eclipse Resources Corporation (NYSE:ECR): After opening at $3.29, the stock dipped to an intraday low of $3.19 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $3.34 and the buying power remained strong till the end. The stock closed at $3.29 for the day, a gain of 0.92% for the day session. The total traded volume was 1,656,193. The stocks close on the previous trading day was $3.29.
Eclipse Resources Corporation (ECR) : Currently there are 12 street experts covering Eclipse Resources Corporation (ECR) stock. The most bullish and bearish price target for the stock is $7 and $2 respectively for the short term. The average price target of all the analysts comes to $3.96. The estimated standard deviation from the target is $1.25.
Eclipse Resources Corporation (Eclipse) is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. It has assembled an acreage position approximating 221,700 net acres in Eastern Ohio. Approximately 100,700 of its net acres are located in the Utica Shale fairway, which it refers to as the Utica Core Area, and approximately 27,250 of these net acres are also prospective for the area of the Marcellus Shale in Eastern Ohio within what it refers to as its Marcellus Project Area. The Company is the operator of approximately 85% of its net acreage within the Utica Core Area and its Marcellus Project Area. Eclipse has identified approximately 3,112 gross (810 net) remaining horizontal drilling locations across its acreage, which comprises 605 locations within the Utica Core Area and 205 locations within its Marcellus Project Area.