Shares of Chesapeake Energy Corporation (NYSE:CHK), surged 1.89% to $9.15, during its last trading session. The share price of this stock traded recently in a range of $8.47 to $9.44. The company now has a market value of $5.97 billion.
For this company, beta value at 1.51 represents it is more volatile to the shift in the market. If we take a look on its volatility, 9.68% was seen in a week and for the month it was 7.64%.
The current recovery in oil prices could prove to be nothing more than a short-lived “dead cat bounce,” analysts have warned, pouring cold water on hopes of a sustained recovery in crude. According to cnbc
The surge in prices prompted hopes that the oil price could be recovering finally after a sharp fall from $114 a barrel last June on the back of a glut in supply and lack of demand. On Wednesday, however, a damper was put on proceedings after U.S. data showed a surprise build-up in U.S. crude inventories, prompting Brent to pare gains and close at $51.33. Cnbc
Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. It holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin of West Virginia and Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas.
AK Steel Holding Corporation (NYSE:AKS), ended its last trade with 8.57% gain, and closed at $3.04.
The stock closed at a distance of 16.95% from 20-day simple moving average. In the last trading session, the stock’s price moved -26.04% below its 200 day moving average, changing hands as low as $2.85 per share. The stock is presently trading 6.72% above its SMA 50.
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms.
Shares of Banco Santander, S.A. (ADR) (NYSE:SAN), inclined 2.80% to $5.88, during its last trading session. In the last trading session, the stock moved on high volume, trading at a volume of 8.45 M as compared to its average daily volume of 5.99 million shares.
The stock, as of recent close, has shown weekly upbeat performance of 11.36% which was maintained at 1.20% in 1-month period.
Banco Santander SA received envelopes with white powder of unknown origin that were addressed to members of its administration team, prompting the lender to activate the security protocol at its Madrid headquarters. According to Bloomberg
The company called the Spanish Civil Guard and the powder has been sent for lab analysis and identification, Banco Santander said in an e-mailed statement. Initial results point to “a false alarm,” the Civil Guard said later via Twitter.
The bank said 12 employees are receiving medical monitoring but are not showing symptoms. Apart from the area where the envelopes were received, the bank’s central services are operating normally, Banco Santander said. Bloomberg Report
Banco Santander, S.A. provides various banking products and services for individuals and companies. The company offers various deposit products, such as demand and time deposits; mortgages, auto finance, and personal credits; consumer finance; and mobile banking and electronic banking services.
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