QEP Resources, Inc.s in-depth stock price analysis indicates that the stock price has rallied 1.12% 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 -12.15% . Looking at the past 52 week period, the stock price is up at 62.67% . 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 QEP Resources, Inc. has a positive value of 30.48 compared to overall market. QEP Resources, Inc. (NYSE:QEP) has tumbled 1.77% during the past week and has dropped 4.86% 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 2.56%. QEP Resources, Inc. (NYSE:QEP) has underperformed the index by 6.57% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
QEP Resources, Inc. (NYSE:QEP) : On Friday heightened volatility was witnessed in QEP Resources, Inc. (NYSE:QEP) which led to swings in the share price. The stock opened for trading at $17.35 and hit $17.58 on the upside , eventually ending the session at $17.21, with a gain of 1.65% or 0.28 points. The heightened volatility saw the trading volume jump to 3,840,668 shares. The 52-week high of the share price is $21.12 and the company has a market cap of $4,123 million. The 52-week low of the share price is at $9.17 .
QEP Resources Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $-0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $-0.23. The company had revenue of $382.40 million for the quarter, compared to analysts expectations of $359.35 million. The companys revenue was down -24.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.01 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.QEP Resources Inc was Upgraded by Wells Fargo to Outperform on Feb 10, 2017. Company shares were Upgraded by FBR & Co. on Jan 3, 2017 to Outperform, Raises Price Target to $ 24 from a previous price target of $20 .
Company has reported several Insider transactions to the SEC, on Sep 8, 2016, Charles B Stanley (CEO) purchased 16,763 shares at 17.85 per share price.On Mar 9, 2016, Christopher K Woosley (VP, GC, and Corp Secretary) sold 1,717 shares at 10.24 per share price.