Stock price performance of Matador Resources Company is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 22.15% 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 21% . Looking at the past 52 week period, the stock price is up at 81.27% . 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 Matador Resources Company has a positive value of 35.87 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 3.86% and the 50-Day Moving Average is 4.72%.The 200 Day SMA reached 16.05%
Matador Resources Company is having a Relative Strength Index of 67.03 which indicates the stock is not yet over sold or over bought based on the technical indicators. Matador Resources Company (NYSE:MTDR) has climbed 6.91% in the past week and advanced 7.27% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 6.79% and the outperformance has advanced to 6.32% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Steven W Ohnimus (director) sold 20,000 shares at 25.78 per share price.On Dec 15, 2016, David M. Laney (director) purchased 10,000 shares at 26.45 per share price.On Dec 12, 2016, William M Byerley (director) purchased 1,919 shares at 26.05 per share price.
Matador Resources Co Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $-0.01. The company had revenue of $88.70 million for the quarter, compared to analysts expectations of $76.79 million. The companys revenue was down -10.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Feb 3, 2017 to Outperform, Raises Price Target to $ 34 from a previous price target of $31 .Matador Resources Co was Initiated by Raymond James to Outperform on Jan 24, 2017. Matador Resources Co was Initiated by Tudor Pickering to Buy on Jan 20, 2017. Matador Resources Co was Downgraded by KLR Group to Hold on Nov 28, 2016. Matador Resources Co was Initiated by Deutsche Bank on Nov 28, 2016 to Hold, Price Target of the shares are set at $25.68.
Matador Resources Company (NYSE:MTDR) : On Friday heightened volatility was witnessed in Matador Resources Company (NYSE:MTDR) which led to swings in the share price. The stock opened for trading at $27 and hit $28.49 on the upside , eventually ending the session at $28.46, with a gain of 8.13% or 2.14 points. The heightened volatility saw the trading volume jump to 1,840,994 shares. The 52-week high of the share price is $28.49 and the company has a market cap of $2,832 million. The 52-week low of the share price is at $12.98 .
Matador Resources Company is an energy company engaged in the exploration, development and acquisition of oil and natural gas resources in the United States. It focuses on oil and natural gas shale plays and other unconventional resource plays. Matador has operations primarily in Texas and Louisiana. The Company has acreage positions in west Texas, New Mexico, Wyoming, Utah and Idaho. Matador Resources Company is headquartered in Dallas, Texas.