EQT Corporation (EQT) Shares are Down -1.41%

EQT Corporation (EQT) has risen sharply, recording gains of 1.11% in the past 4 weeks. However, the stock has corrected -1.41% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.66% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 1.47%.The 200 Day SMA reached 8.95%

EQT

EQT Corporation (NYSE:EQT): After opening at $70.04, the stock dipped to an intraday low of $69.67 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $72.985 and the buying power remained strong till the end. The stock closed at $72.62 for the day, a gain of 4.41% for the day session. The total traded volume was 1,893,595. The stocks close on the previous trading day was $72.62.

EQT Corporation (EQT) : The consensus price target for EQT Corporation (EQT) is $86.54 for the short term with a standard deviation of $5.78. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $99, however, the pessimist price target for the company is $77.

EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.

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