Buyers Accumulate Shares of Carrizo Oil & Gas, Up 4.5%

Published on Mon, 02/25/2013 - 11:13
By Peter Chu in Market movers, CRZO, carrizo oil & gas, market movers, nasdaq:crzo

One of today's notable stocks on the rise is Carrizo Oil & Gas (NASDAQ:CRZO), up 4.5% to $22.38. The Dow is trading fractionally higher to 14,009 and the S&P is currently trading fractionally higher to 1,517.

There is potential upside of 32.3% for shares of Carrizo Oil & Gas based on a current price of $22.38 and an average consensus analyst price target of $29.62. The stock should find resistance at its 200-day moving average (MA) of $23.53, as well as support at its 50-day MA of $21.41.

Carrizo Oil & Gas share prices have moved between a 52-week high of $31.62 and a 52-week low of $19.03 and are now trading 18% above that low price at $22.38 per share. The 200-day and 50-day moving averages have moved 0.52% lower and 0.02% higher over the past week, respectively.

Carrizo Oil & Gas, Inc. explores for and produces natural gas and crude oil. The Company develops and exploits onshore properties along the Texas and Louisiana Gulf Coast regions.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Earnings Flashback: Since Reporting Quar...

18 days ago, on July 8th, 2014, Bob Evans Farms (NASDAQ:BOBE) reported its earnings. A ...

Earnings Flashback: Since Reporting Quar...

11 days ago, on July 15th, 2014, CSX (NYSE:CSX) reported its earnings. Analysts, on av ...

Dover Earnings Review: 9 Days after Anno...

When Dover (NYSE:DOV) reported earnings 9 days ago on July 17th, 2014, analysts, on ave ...

Earnings Look Back: Autoliv Is Down 0.3%...

A week ago on July 18th, 2014 Autoliv (NYSE:ALV) reported earnings and analysts, on ave ...

Earnings Flashback: Since Reporting Quar...

A week ago on July 18th, 2014 Kansas City Southern (NYSE:KSU) reported earnings and ana ...

Cytec Industries Earnings Hindsight: Up ...

When Cytec Industries (NYSE:CYT) reported earnings a week ago on July 17th, 2014, analy ...

Novartis Earnings Hindsight: Down 0.1% i...

When Novartis (NYSE:NVS) reported earnings 9 days ago on July 17th, 2014, analysts, on ...

Post Earnings Update: AAR Has Climbed 4....

11 days ago, on July 15th, 2014, AAR (NYSE:AIR) reported its earnings. Analysts, on av ...