SandRidge Energy, Inc. (NYSE:SD – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.61 and traded as high as $13.84. SandRidge Energy shares last traded at $13.41, with a volume of 223,594 shares trading hands.
SandRidge Energy Stock Down 2.1 %
The stock has a market capitalization of $494.81 million, a price-to-earnings ratio of 10.25 and a beta of 2.15. The stock’s 50-day simple moving average is $13.27 and its 200 day simple moving average is $13.61.
SandRidge Energy (NYSE:SD – Get Free Report) last announced its earnings results on Tuesday, May 7th. The oil and natural gas company reported $0.23 earnings per share (EPS) for the quarter. SandRidge Energy had a net margin of 35.52% and a return on equity of 11.41%. The company had revenue of $30.28 million for the quarter.
SandRidge Energy Announces Dividend
Institutional Investors Weigh In On SandRidge Energy
Several large investors have recently bought and sold shares of SD. Copeland Capital Management LLC bought a new stake in shares of SandRidge Energy during the fourth quarter worth $27,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of SandRidge Energy by 114.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,113 shares of the oil and natural gas company’s stock worth $111,000 after acquiring an additional 4,325 shares in the last quarter. Quest Partners LLC bought a new stake in shares of SandRidge Energy during the fourth quarter worth $205,000. Susquehanna Fundamental Investments LLC bought a new stake in shares of SandRidge Energy during the first quarter worth $243,000. Finally, Mesirow Financial Investment Management Inc. bought a new stake in shares of SandRidge Energy during the second quarter worth $243,000. Institutional investors own 61.84% of the company’s stock.
SandRidge Energy Company Profile
SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.
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