The stock of Range Resources Corporation (NYSE:RRC) witnessed a 49.37% increase from the 52-week low price of $11.93 it recorded on 2018-02-09. Their shares price went up by $0.63 now trading at $17.82. Even though it is still -15.88% behind the $20.65 high touched on 2017-10-05. The last few days have been good for the stock, as its price has grew by 14.16% during the week. It has also performed better over the past three months, as it added around 5.82% while it has so far retreated around -7.48% during the course of a year. The stock of RRC recorded 4.45% uptrend from the beginning of this year till date. The 12-month potential price target for Range Resources Corporation is set at $21.19. This target means that the stock has an upside potential to increase by 18.91% from the current trading price.
When giving their opinion, around 48.28% of Wall Street analysts, which represents 14 out of 29 rated the stock as a Buy. 13 brokerage firms of the remaining 44.83% rated the stock as a Hold with 2 analyst rating it as a sell. Overall, the number of aggregate RRC shares held by institutional investors represents 0% of total shares. 62 institutions entered new Range Resources Corporation (NYSE:RRC) positions, 192 added to their existing positions in these shares, 236 lowered their positions, and 92 exited their positions entirely.
Range Resources Corporation (RRC) trade volume has increased by 87.01% as around 10,256,026 shares were sold when compared with its 50-day average volume of traded shares which is 5,484,086. At the moment, RRC is witnessing a uptrend, as it is trading 11.84% above its 20-day SMA, 12.93% above its 50-day SMA, and 15.55% above its 200-day SMA. The company runs an ROE of roughly 1.1%, with financial analysts predicting that their earnings per share growth will be around 60.34% per annum for the next five year. This will be compared to the -17.5% decrease witnessed over the past five years.
The first technical resistance point for Range Resources Corporation (NYSE:RRC) will likely come at $17.99, marking a 0.94% premium to the current level. The second resistance point is at $18.15, about 1.82% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $17.27, the lower end of the range. RRC’s 14-day MACD is 1.32 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 69.91, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 37.75 percent, which is low when compared to that of the 50-day’s 41.9 percent.
The shares of Chesapeake Energy Corporation (NYSE:CHK) has increased by 2.56%, and now trading at $4.41 on the Wall Street in the intra-day deal, with their shares traded now around 29,156,109. This is a rise of 1,586,423 shares over the average 27,569,686 shares that were traded daily over the last three months. The stock that is trading at $4.41 went higher by 74.31% from its 52-week low of $2.53 that it attained back on 2018-02-09. The stock recorded a 52-week high of $5.6 nearly 73 days ago on 2018-07-10.
CHK stock hasn’t performed well over the past 30 days, as it lost -3.29% while its price climbed by 11.36% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 9.98% over the last week. The stock’s 12-month potential target price is now at $4.49. This means that the stock price might likely increase by 1.81% from its current trading price.3 out of 23 Wall Street analysts which represents 13.04% rated the stock as a buy while the remaining 52.17 rated it as a hold, with 34.78 of analysts rating it as a sell.
Chesapeake Energy Corporation (NYSE:CHK) has been utilizing an ROE that is roughly -23%, with stock analysts predicting that the company’s EPS for the next five years will go up by 14.04% per year, following the 21.2% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 2.89% above its 20-day SMA, -1.53% below its 50-day SMA, and 13.04% above its 200-day SMA. In percentage terms, the aggregate Chesapeake Energy Corporation shares held by institutional investors is 59.1%. 61 institutions jumped in to acquire Chesapeake Energy Corporation (CHK) fresh stake, 175 added to their current holdings in these shares, 201 lowered their positions, and 69 left no stake in the company.
The stock’s 9-day MACD is 0.17 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 63.86, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 39.47 percent, which is less when compared to that of the 50-day’s 40.96 percent. On the daily chart, we see that the stock could reach the first level of resistance at $4.49, sporting a 1.78% premium to the current level. The next resistance point is at $4.57, representing nearly 3.5% premium to the current market price of Chesapeake Energy Corporation (CHK). On the other hand, failure to breach the immediate hurdles can drag it down to $4.25, the lower end of the range.