Stock price performance of Synergy Resources Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 10.53% 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 26.17% . Looking at the past 52 week period, the stock price is up at 61.89% . 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 Synergy Resources Corporation has a positive value of 14.67 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 2.64% and the 50-Day Moving Average is 4.12%.The 200 Day SMA reached 18.05%
Synergy Resources Corporation is having a Relative Strength Index of 52.63 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Synergy Resources Corporation (NYSEMKT:SYRG) rallied by 3.72% during the past week but lost 0.67% on a 4-week basis. The company has outperformed the S&P 500 by 3.6% in the past week but underperformed the index by 1.55% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Jan 26, 2017, Nicholas Spence (COO) purchased 600 shares at 8.89 per share price.On Oct 6, 2016, Lynn A Peterson (CEO) purchased 49,071 shares at 6.00 per share price.On Oct 6, 2016, Daniel E Kelly (director) purchased 15,000 shares at 6.49 per share price.
Synergy Resources Corp Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.00. The company had revenue of $26.20 million for the quarter, compared to analysts expectations of $26.07 million. The companys revenue was down -21.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.05 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Synergy Resources Corp was Downgraded by Citigroup to Neutral on Jan 4, 2017. Synergy Resources Corp was Downgraded by Seaport Global Securities to Accumulate on Dec 9, 2016. Synergy Resources Corp was Downgraded by KLR Group to Accumulate on Nov 28, 2016.
Synergy Resources Corporation (NYSEMKT:SYRG) : On Friday heightened volatility was witnessed in Synergy Resources Corporation (NYSEMKT:SYRG) which led to swings in the share price. The stock opened for trading at $8.91 and hit $8.976 on the upside , eventually ending the session at $8.92, with a gain of 0.22% or 0.02 points. The heightened volatility saw the trading volume jump to 2,525,713 shares. The 52-week high of the share price is $10.38 and the company has a market cap of $1,789 million. The 52-week low of the share price is at $5.01 .
Synergy Resources Corporation operates as an oil and natural gas company engaged in the exploration and production of oil and natural gas in the Denver-Julesburg Basin. Synergy Resources Corporation has its corporate offices located in Platteville, Colorado.