SandRidge Energy: Momentum at the 200 day

by Josh SandRidge Energy ($SD) is continuing the move to the upside. SandRidge Energy is up 3.81% at $5.70 on a volume of 4,873,870 shares. SandRidge Energy continues to trade along the upper edge of the price envelope.

Shares are crossing the 200 day moving average today, which is currently $5.58. Also on the technical front, shares are testing a breakout of the lower highs from from the the February, August and Sept highs.

52 Week Range $4.52-$7.80 Market Cap 2,807,121,363 Average Volume 8,466,697 Dividend Yield 0.00% Institutional Ownership 81.70% Insider Ownership: 10.70% Percentage of Float Short 10.40% Beta 2.21

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

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