August 1, 2016 - 4:09 PM EDT
Print Email Article Font Down Font Up Charts

Midday Update: Isramco Inc. (ISRL) Charges Ahead 1.14% on August 1

Isramco Inc. (ISRL) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the basic materials sector during morning trading on August 1. At the lunch break, shares of ISRL have gained 1.14% to $80.0 after closing the day prior at $79.1. In the first two and a half hours of trading, the stock has gone as high as $80.0 and as low as $80.0. Today's rise has come with about 781 shares changing hands, compared to an average 30-day volume of 1,929 for Isramco Inc.. The price is currently below the 30-day volume weighted average price of $80.0 for ISRL. The share appreciation gives the company a market capitalization of $214.97 million based upon 2.72 million shares outstanding. It also means that ISRL has a price-to-book ratio of 261.52:1. In the past 52 weeks, shares of ISRL have traded as low as $70.5 and as high as $143.0. Technical traders will take note that at $80.0, shares of ISRL are trading below their 200-day MA at $87.09 and below their 50-day MA at $85.4. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish. Who is ISRL? Isramco Inc is an independent oil and natural gas company, engaged in the exploration, development and production of predominately oil and natural gas properties located onshore in the United States and offshore Israel. The company’s 224 employees are led by CEO Haim Tsuff from the corporate headquarters at 2425 West Loop South in Houston, TX. For more information on ISRL and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit today. All data provided by QuoteMedia, with stock data accurate as of 12:00 PM ET. is not responsible for inaccuracies in third-party supplied information. About is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here.

Source: Financial Press News (August 1, 2016 - 4:09 PM EDT)

News by QuoteMedia

Legal Notice