Shares of Synergy Resources Corporation (SYRG) Sees Large Inflow of Net Money Flow

Synergy Resources Corporation (SYRG) : Wednesdays money flow indicated an uptick to downtick ratio was at 4.26. The total value of inflow transactions on upticks was $4.09 million, whereas, the total value of outflow trades on downticks was $0.96 million. The total money flow was $3.13 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $3.02 million. The total value of the trades done on upticks was $3.02 million. Synergy Resources Corporation (SYRG) was trading with a -0.16% change over previous days close. It fell $0.01 during the day and reached $6.4. The stock was -0.47% compared to the previous weeks close.


Shares of Synergy Resources Corporation appreciated by 8.57% during the last five trading days but lost 1.16% on a 4-week basis. Synergy Resources Corporation has dropped 0.73% during the last 3-month period . Year-to-Date the stock performance stands at -19.72%.

Synergy Resources Corporation (SYRG) : Zacks Investment Research ranks Synergy Resources Corporation (SYRG) as 3, which is a Hold recommendation. 11 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 1.5, which indicates as a Strong Buy.

Synergy Resources Corporation (NYSEMKT:SYRG): The stock opened at $6.51 and touched an intraday high of $6.91 on Wednesday. During the day, the stock corrected to an intraday low of $6.3, however, the bulls stepped in and pushed the price higher to close in the green at $6.84 with a gain of 6.71% for the day. The total traded volume for the day was 6,610,190. The stock had closed at $6.41 in the previous trading session.

Synergy Resources Corporation is a shell company. The Company is an oil and natural gas company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in and around the Denver-Julesburg Basin (D-J Basin) of Colorado. The D-J Basin has hydrocarbon-bearing deposits in several formations, including the Niobrara, Codell, Greenhorn, Shannon, Sussex, J-Sand and D-Sand. Its drilling and completion activities are focused in the Wattenberg Field, an area that covers the western flank of the D-J Basin, in Weld County, Colorado. It is focused on the horizontal development of the Codell and Niobrara formations. The Company operates over 423 producing wells and participated as non-operators in approximately 159 producing wells. It has approximately 442,000 gross and 342,000 net acres under lease, all of which are located in the greater D-J Basin. Its eastern Colorado mineral assets are located in Yuma and Washington counties.

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