Shares of QEP Resources, Inc. (NYSE:QEP) opened at $7.09, and ended -4.25% lower at $6.76. Nearly 5425885 shares were traded by the close, higher than its average daily volume of 3810340 shares.QEP Resources, Inc. (QEP) Analyst Opinion
QEP Resources, Inc. is currently rated as hold by 16 stock analysts, with the company still having around 5.41% shares outstanding that can be sold short legally. The value of their shares went up by 13.42% last month. Over the course of a year, the stock has grown by 20.07%. Financial analysts are becoming more bullish than ever, with the 3 analysts who cover the activities of QEP advising investors to buy. Experts on Wall Street have set a price target of $9.43 for the stock. The decision was arrived after looking at their 39.5% gain from current levels. At the moment, QEP Resources, Inc. (QEP) trading price is around -47.92% below its 52-week high.
QEP Resources, Inc. (QEP) was successful in overcoming the expected -$0.02 as the stock recorded an earnings of $0.15 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of -28.04% from the previous quarter, with the company recording $295.38 million in revenue.QEP Resources, Inc. (NYSE:QEP) Intraday View
The shares of QEP Resources, Inc. (NYSE:QEP) have struggled and recovered 35.2% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 3.73%, increasing the time frame to a month, the volatility recorded was 4.79%. The price of their shares has been successful in staying above its 20 day-moving average, staying at a distance of 0.49% and while its 50-day moving average is around -3.16%. In a look at the previous five trading session QEP stock has returned -6.76% and sank -15.96% when compared to its 200-day moving average that is $7.55. QEP Resources, Inc. (QEP) will look to overcome its -47.06% fall that it witnessed in the past year.
As the normal trading session ended, the stock of Eldorado Gold Corporation (NYSE:EGO), fetched in a $-0.01 retreat to $6.98. The session began with the stock price at $7.02, hitting a high of $7.14 before down again. For the week, analysts seem to be okay with their bearish with the consensus call staying at 3. Eldorado Gold Corporation gets 0 buy analyst recommendations while 7 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -0.78% from its high $7.03, with their overall market value now roughly $1.12 billion.Eldorado Gold Corporation (EGO) Consensus Price Target
The mean recommendation of EGO on Reuter’s scale dropped from 2.86 to 2.69 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Eldorado Gold Corporation (NYSE:EGO) is now around $1.83 a share, implying the stock has what it takes to grow by -73.78%. The recent trading session also indicated the stock needs to add 44.84% more meet analysts’ high consensus price target.
The current trading volume of the company was 3238727 shares during the last session. That compares with the recent average volume of 3889160 shares. By the end of the regular trading session, the price volatility over a 1-week span was 4.88 % while over a month it stood at 5.76%. The stock price of EGO dropped to $6.91 during the day and at a certain time in 12 months it traded as low as $2.52. It has made a 176.98% recovery since its 52-week low point and has returned 142.36% year-to-date. [T3]