Torchlight Energy Resources, Inc. (NASDAQ:TRCH) enjoyed a 210.15% run-up in share price since hitting record low of $0.53. The stock managed 5.77% rise and now stands at $1.65 as of 3/15/2019. At a recent session, the prices were hovering between $1.55 and $1.66. This company shares are -3.03% up from its target price of $1.6 and the current market capitalization stands at $102.88M. The recent change has given its price a 41.53% lead over SMA 50 and -16.67% deficit over its 52-week high. The stock witnessed 37.5% gains, 153.85% gains and 73.68% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TRCH’s volatility during a week at 7.75% and during a month it has been found around 11.65%.

Torchlight Energy Resources, Inc. (TRCH) Top Holders

Institutional investors currently hold around $9 million or 7.9% in TRCH stock. Look at its top three institutional owners: Amg National Trust Bank owns $2.26 million in Torchlight Energy Resources, Inc., which represents roughly 2.2% of the company’s market cap and approximately 25.16% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 1,173,605 shares of the stock are valued at $1.94 million. The third largest holder is Raymond James Financial Services Advisors, Inc., which currently holds $1.28 million worth of this stock and that ownership represents nearly 1.24% of its market capitalization.

Torchlight Energy Resources, Inc. 13F Filings

At the end of December reporting period, 8 institutional holders increased their position in Torchlight Energy Resources, Inc. (NASDAQ:TRCH) by some 324,871 shares, 10 decreased positions by 824,188 and 13 held positions by 4,420,333. That puts total institutional holdings at 5,569,392 shares, according to SEC filings. The stock grabbed 4 new institutional investments totaling 45,924 shares while 4 institutional investors sold out their entire positions totaling 514,579 shares.

Torchlight Energy Resources, Inc. (TRCH) Analyst Guide

Several analysts have released their opinion on Torchlight Energy Resources, Inc. (NASDAQ:TRCH), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].