Synergy Resources Corporation (SYRG) : During the past 4 weeks, traders have been relatively bearish on Synergy Resources Corporation (SYRG), hence the stock is down -11.36% 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 -10.84% relative to the S&P 500. The 4-week change in the price of the stock is -13.15% and the stock has fallen -10.37% in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.62% and the 50-Day Moving Average is 7.31%.The 200 Day SMA reached 12.84% Synergy Resources Corporation has dropped 14.37% during the last 3-month period . Year-to-Date the stock performance stands at -27.93%.
Synergy Resources Corporation (SYRG) : The most positive equity analysts on Synergy Resources Corporation (SYRG) expects the shares to touch $14, whereas, the least positive believes that the stock will trade at $6 in the short term. The company is covered by 16 Wall Street Brokerage Firms. The average price target for shares are $9.31 with an expected fluctuation of $1.8 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Synergy Resources Corporation (NYSEMKT:SYRG): stock was range-bound between the intraday low of $5.98 and the intraday high of $6.23 after having opened at $6.02 on Fridays session. The stock finally closed in the red at $6.02, a loss of -1.44%. The stock remained in the red for the whole trading day. The total traded volume was 5,195,268 shares. The stock failed to cross $6.23 in Fridays trading. The stocks closing price on Thursday was $6.14.
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.