Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) is at least 29.51% than its current record low price of $8.64. There was a 4.58% gain on 7/16/2019 that led the price to move at $11.19. At a recent session, the prices were hovering between $10.70 and $11.63. This company shares are 60.5% off its target price of $17.96 and the current market capitalization stands at $1.04B. The recent change has given its price a 4.83% lead over SMA 50 and -62.17% deficit over its 52-week high. The stock witnessed 22.7% gains, -11.19% declines and -9.32% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CRZO’s volatility during a week at 6.63% and during a month it has been found around 5.55%.

What Does Carrizo Oil & Gas, Inc. (CRZO) Do?

The company describes itself in regulatory filings as, “Carrizo Oil & Gas, Inc. engages in the exploration, development, and production of natural gas and oil. Its operations include Delaware Basin and Eagle Ford Shale. The company was founded by Sylvester P. Johnson IV and Steven Alan Webster in December 1993 and is headquartered in Houston, TX.” [Text can be found here: https://www.marketwatch.com/investing/stock/CRZO/profile under company description.]

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) Insider Trades

Multiple company employees have indulged in significant insider trading. Carrizo Oil & Gas, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and CEO JOHNSON S P IV has sold 8,000 shares of Carrizo Oil & Gas, Inc. (CRZO) in the trading session dated Jun. 17, 2019. These shares are worth $73,200 and were traded at $9.15 each. The SEC filing shows that JOHNSON S P IV performed a sale of 8,000 shares. The President and CEO disposed these shares by way of transaction on May. 15, 2019. The company’s shares were given away at $12.45 per share worth to an income of some $99,600 to the account of JOHNSON S P IV.

President and CEO, JOHNSON S P IV, sold 8,000 common shares of Carrizo Oil & Gas, Inc. (CRZO) in the open market. In a transaction dated Apr. 15, 2019, the shares were put up for sale at an average price of $12.78, raking in a sum of $102,240. After this sale, 611,221 common shares of CRZO are directly owned by the insider, with total stake valued at $6,839,563.

In the transaction dated Mar. 19, 2019, a great number of shares sold came courtesy the Vice President – Land; Smith Richard H disposed a total of 11,348 shares at an average price of $12.11, amounting to approximately $137,424. The insider now directly owns 99,945 shares worth $1,118,385.

Carrizo Oil & Gas, Inc. (CRZO) Analyst Guide

Several analysts have released their opinion on Carrizo Oil & Gas, Inc. (NASDAQ:CRZO), with 4 analysts believing it is a strong buy. Whereas 12 of them predict the stock is a hold. Also, there are 8 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation [T1].