Even though there were numerous S&P 500 fallers on Thursday, July 20, Southwestern Energy Company (NYSE:$SWN) takes the cake. The stock endured a 2.94% decline to $5.95 with 18.69 million shares changing hands.
Despite starting at an opening of $6.17 and hitting a high of $6.29, the stock took a tumble and finished the day at $0.18 per share. The Texas-based company trades an average of 19.78 million shares a day out of a total 505.87 million shares outstanding. Right now, the moving averages are a 50-day SMA of $6.27 and a 200-day SMA of $8.83. Over the last year, Southwestern Energy Company reached a high of $15.59 and a low of $5.46.
For those new to the energy sector, Southwestern Energy Company is a gas and oil company that explores, creates, and produces oil and natural gas in the United States. With 1,469 employees, the company primarily focuses on unconventional natural gas in two US shale plays as well as oil and gas formations in the United States.
After Thursday’s trading, Southwestern Energy Company’s market capitalization dropped to $3.01 billion, a P/S of 1.42, a P/B of 2.35, and a P/FCF of -66.
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