Callon Petroleum Company s in-depth stock price analysis indicates that the stock price has dropped -2.27% 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 -1.59% . Looking at the past 52 week period, the stock price is up at 125.71% . 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 Callon Petroleum Company has a positive value of 73.67 compared to overall market. Callon Petroleum Company (NYSE:CPE) has tumbled 3.98% during the past week and has dropped 6.51% 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 4.76%. Callon Petroleum Company (NYSE:CPE) has underperformed the index by 8.18% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Callon Petroleum Company (NYSE:CPE) : On Friday heightened volatility was witnessed in Callon Petroleum Company (NYSE:CPE) which led to swings in the share price. The stock opened for trading at $14.34 and hit $14.4378 on the upside , eventually ending the session at $14.22, with a gain of 0.99% or 0.14 points. The heightened volatility saw the trading volume jump to 3,528,617 shares. The 52-week high of the share price is $18.53 and the company has a market cap of $2,859 million. The 52-week low of the share price is at $5.7 .
Callon Petroleum Company Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.07. The company had revenue of $55.90 million for the quarter, compared to analysts expectations of $58.81 million. The companys revenue was up 63.0% 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.Callon Petroleum Company was Initiated by Deutsche Bank on Nov 28, 2016 to Buy, Price Target of the shares are set at $15.84.
Company has reported several Insider transactions to the SEC, on Jan 15, 2016, Jerry A Weant (Vice President of Land) purchased 1,000 shares at 6.00 per share price.On Jan 7, 2016, Matthew Regis Bob (director) purchased 7,000 shares at 7.50 per share price.On Jun 18, 2015, Mitzi P Conn (Controller) sold 10,000 shares at 8.26 per share price.
Callon Petroleum Company has been engaged in the exploration, development, acquisition and production of oil and gas properties since 1950.