SandRidge Energy (SD) is Trading Lower on Unusual Volume for May 15

SandRidge Energy (SD) experienced unusually high volume on May. 15, as the stock lost 11.28% to a closing price of $1.18. The stock saw 33.66 million shares trade hands over the course of the day on 28,395 trades. Given that the stock’s average daily volume over the last month has been 15.77 million shares a day, this represents a pretty substantial spike over the norm.

SandRidge Energy has a P/B ratio of 0.64. The stock has traded between $7.43 and $1.13 over the last 52-weeks, its 50-day SMA is now $1.76, and its 200-day SMA $2.97.

SandRidge Energy Inc is an oil and natural gas company engaged in exploration, development and production activities in the Mid Continent, Gulf of Mexico and Gulf Coast.

Headquartered in Oklahoma City, OK, SandRidge Energy has 1,878 employees and is currently under the leadership of CEO James D. Bennett.

For a complete fundamental analysis of SandRidge Energy, check out equities.com’s E.V.A. report for SD.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.