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

Watch for Continued Gains in Shares of W...

Weingarten Realty Investors (NYSE:WRI) traded today at a new 52-week high of $34.07. S ...

VCA Antech Looks to Continue to Trade Ab...

Shares of VCA Antech (NASDAQ:WOOF) traded at a new 52-week high today of $38.05. So fa ...

WellPoint: 52-Week High Recently Eclipse...

WellPoint (NYSE:WLP) traded at a new 52-week high today of $116.26. Approximately 1.5 ...

Shares of Whiting Petroleum Rise Above P...

Whiting Petroleum (NYSE:WLL) traded today at a new 52-week high of $88.90. This new hi ...

Windstream: The Winning Streak Continues...

Shares of Windstream (NASDAQ:WIN) traded today at $10.35, breaking its 52-week high. S ...

Shares of Vanguard Natural Resources Ris...

Shares of Vanguard Natural Resources (NYSE:VNR) traded at a new 52-week high today of $ ...

Watch for Continued Gains in Shares of U...

Union Pacific (NYSE:UNP) traded today at a new 52-week high of $102.98. So far today a ...

Take-Two Interactive Software: The Winni...

Shares of Take-Two Interactive Software (NASDAQ:TTWO) traded today at $23.48, breaking ...