SandRidge Energy bumping up against a key price level (NYSE:SD)

by Josh SandRidge Energy ($SD) shares are testing the 200 day moving average today. Shares broke out of consolidation on high volume to clear the 50 day moving average back on July 17th. Shares since found support at $5.26 which served as support last fall and again in March.

Shares were last at $5.74 on a volume of 5,031,800 shares with the 200 day sitting at $5.70. Earnings are Tuesday after the market closes.

52 Week Range $4.52-$7.80 Market Cap 2,834,914,114 Average Volume 7,380,848 Dividend Yield 0.00% Institutional Ownership 95.30% Insider Ownership: 10.70% Percentage of Float Short 8.70% Beta 2.34

SandRidge Energy SandRidge Energy, Inc. is an natural gas and oil company, which is engaged into exploration, development and production activities.

Articles