Northern Oil and Gas, Inc. s trend and data analysis indicates that the stock price has dropped -12.73% 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 -10.45% . Looking at the past 52 week period, the stock price is down -41.03% . 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 Northern Oil and Gas, Inc. has a negative value of -34.07 compared to overall market performance.Based on the Stock Research the Relative Strength Index signal is in over sold territory with a range of 28.2.
Northern Oil and Gas, Inc. (NYSEMKT:NOG) has tumbled 7.69% during the past week and has dropped 23.81% 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 7.91%. Northern Oil and Gas, Inc. (NYSEMKT:NOG) has underperformed the index by 24.68% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Northern Oil and Gas, Inc. (NYSEMKT:NOG) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.2 points or 7.69% at $2.4 with 1,664,836 shares getting traded. Post opening the session at $2.65, the shares hit an intraday low of $2.3 and an intraday high of $2.65 and the price was in this range throughout the day. The company has a market cap of $152 million and the number of outstanding shares has been calculated to be 63,251,197 shares. The 52-week high of Northern Oil and Gas, Inc. (NYSEMKT:NOG) is $5.85 and the 52-week low is $1.55.
Company has reported several Insider transactions to the SEC, on May 20, 2015, Michael Lewis Reger (C E O) purchased 25,000 shares at 6.46 per share price.
Northern Oil & Gas Last issued its quarterly earnings results on Mar 1, 2017. The company reported $0.04 EPS for the quarter. Analyst had a consensus estimate of $0.04. The company had revenue of $35.90 million for the quarter, compared to analysts expectations of $53.54 million. The companys revenue was down -36.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.78 EPS.
NORTHRN OIL & GAS, Inc. is an exploration and production company based in Wayzata, Minnesota. Northern Oils core area of focus is the Williston Basin, specifically the Mountrail County, North Dakota area Bakken Play. Northern Oils secondary objective is conventional, 3D driven, oil and gas exploration and development throughout the Rocky Mountain region.