Carrizo Oil & Gas, Inc. s trend and data analysis indicates that the stock price has dropped -27.53% 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 -30.01% . Looking at the past 52 week period, the stock price is down -7.48% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Carrizo Oil & Gas, Inc. has a negative value of -0.03 compared to overall market performance.Carrizo Oil & Gas, Inc. is having a Relative Strength Index of 34.59 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) rallied by 1.14% during the past week but lost 14.08% on a 4-week basis. The company has outperformed the S&P 500 by 0.9% in the past week but underperformed the index by 15.06% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.09 points or 0.32% at $28.43 with 1,659,236 shares getting traded. Post opening the session at $28.63, the shares hit an intraday low of $28.29 and an intraday high of $29.25 and the price was in this range throughout the day. The company has a market cap of $1,852 million and the number of outstanding shares has been calculated to be 65,140,971 shares. The 52-week high of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) is $43.96 and the 52-week low is $26.5.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Carrizo Oil & Gas Inc was Reiterated by FBR & Co. on Feb 24, 2017 to Outperform, Lowers Price Target to $ 42 from a previous price target of $47 .Company shares were Reiterated by Mizuho on Jan 6, 2017 to Buy, Raises Price Target to $ 47 from a previous price target of $46 .
Company has reported several Insider transactions to the SEC, on Mar 10, 2017, Steven A Webster (director) purchased 25,000 shares at 27.77 per share price.On Mar 7, 2017, S P Iv Johnson (President and CEO) sold 6,000 shares at 31.31 per share price.On Oct 12, 2016, John Bradley Fisher (VP & Chief Operating Officer) sold 7,500 shares at 43.00 per share price.
Carrizo Oil & Gas Inc Last issued its quarterly earnings results on Feb 23, 2017. The company reported $0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $0.31. The company had revenue of $143.80 million for the quarter, compared to analysts expectations of $152.66 million. The companys revenue was up 44.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
Carrizo Oil & Gas, Inc. is a Houston-based energy company actively engaged in the exploration, development, exploitation and production of oil and natural gas primarily in proven trends in the Barnett Shale area in North Texas and along the Texas and Louisiana onshore Gulf Coast regions. Carrizo controls significant prospective acreage blocks and utilizes advanced three-D seismic techniques to identify potential oil and gas reserves and drilling opportunities.