Stock price performance of Continental Resources, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 5.64% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -1.56% . Looking at the past 52 week period, the stock price is up at 147.34% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Continental Resources, Inc. has a positive value of 69.76 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 3.13% and the 50-Day Moving Average is 4.67%.The 200 Day SMA reached 6.44%
Continental Resources, Inc. is having a Relative Strength Index of 30.3 which indicates the stock is not yet over sold or over bought based on the technical indicators. Continental Resources, Inc. (NYSE:CLR) has tumbled 3.87% during the past week and has dropped 6.86% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.98%. Continental Resources, Inc. (NYSE:CLR) has underperformed the index by 7.68% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Dec 22, 2016, John D Hart (Sr. VP & CFO) sold 3,000 shares at 52.03 per share price.On Dec 2, 2016, Gary E Gould (SVP, Prod. & Res. Dev.) sold 7,500 shares at 58.20 per share price.On Nov 23, 2016, Jack H Stark (President & COO) sold 788 shares at 53.34 per share price.
Continental Resources Last issued its quarterly earnings results on Nov 2, 2016. The company reported $-0.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $-0.16. The company had revenue of $526.20 million for the quarter, compared to analysts expectations of $553.74 million. The companys revenue was down -22.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.12 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Continental Resources was Upgraded by KLR Group to Buy on Jan 31, 2017. Continental Resources was Upgraded by Jefferies to Buy on Jan 17, 2017. Continental Resources was Initiated by FBR & Co. on Dec 19, 2016 to Mkt Perform, Price Target of the shares are set at $56.Continental Resources was Downgraded by JP Morgan to Neutral on Dec 8, 2016. Continental Resources was Downgraded by Deutsche Bank on Dec 8, 2016 to Hold, Price Target of the shares are set at $64.
Continental Resources, Inc. (NYSE:CLR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.34 points or 0.7% at $47.96 with 2,495,555 shares getting traded. Post opening the session at $48.3, the shares hit an intraday low of $47.87 and an intraday high of $48.99 and the price was in this range throughout the day. The company has a market cap of $17,962 million and the number of outstanding shares has been calculated to be 374,530,170 shares. The 52-week high of Continental Resources, Inc. (NYSE:CLR) is $60.3 and the 52-week low is $16.88.
CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations.