Stock price performance of Laredo Petroleum, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 9.07% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 11.02% . Looking at the past 52 week period, the stock price is up at 122.21% . 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 Laredo Petroleum, Inc. has a positive value of 78.31 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 0.23% and the 50-Day Moving Average is 1.56%.The 200 Day SMA reached 13.86%
Laredo Petroleum, Inc. is having a Relative Strength Index of 54.74 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Laredo Petroleum, Inc. (NYSE:LPI) rallied by 1.56% during the past week but lost 4.02% on a 4-week basis. The company has outperformed the S&P 500 by 1.44% in the past week but underperformed the index by 4.88% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Aug 31, 2016, Patrick J Curth (Sr. VP – Exploration & Land) sold 17,000 shares at 12.57 per share price.On Apr 4, 2016, Randy A Foutch (CEO) purchased 22,072 shares at 4.52 per share price.
Laredo Petroleum Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.12 EPS for the quarter. Analyst had a consensus estimate of $0.12. The company had revenue of $159.70 million for the quarter, compared to analysts expectations of $133.91 million. The companys revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Laredo Petroleum Inc was Upgraded by SunTrust to Buy on Jan 20, 2017. Laredo Petroleum Inc was Upgraded by Tudor Pickering to Buy on Jan 18, 2017.
Laredo Petroleum, Inc. (NYSE:LPI) : On Friday heightened volatility was witnessed in Laredo Petroleum, Inc. (NYSE:LPI) which led to swings in the share price. The stock opened for trading at $13.95 and hit $14.31 on the upside , eventually ending the session at $14.31, with a gain of 2.51% or 0.35 points. The heightened volatility saw the trading volume jump to 2,824,612 shares. The 52-week high of the share price is $16.47 and the company has a market cap of $3,462 million. The 52-week low of the share price is at $3.9 .
Laredo Petroleum Holdings, Inc. is engaged in the exploration, development and acquisition of oil and natural gas properties in the Permian and Mid-Continent regions of the United States. Laredo Petroleum Holdings, Inc. is headquartered in Tulsa, Oklahoma.