September 21, 2016 - 3:37 PM EDT
Print Email Article Font Down Font Up Charts

Midday Update: Southwestern Energy Company (SWN) Charges Ahead 3.54% on September 20

Southwestern Energy Company (SWN) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the basic materials sector during morning trading on September 20. At the lunch break, shares of SWN have gained 3.54% to $14.35 after closing the day prior at $13.86. In the first two and a half hours of trading, the stock has gone as high as $14.47 and as low as $13.86. Today's rise has come with about 5.48 million shares changing hands, compared to an average 30-day volume of 10.3 million for Southwestern Energy Company. The price is currently below the 30-day volume weighted average price of $14.27 for SWN. The share appreciation gives the company a market capitalization of $6.84 billion based upon 493.46 million shares outstanding. It also means that SWN has a price-to-book ratio of 11.94:1. In the past 52 weeks, shares of SWN have traded as low as $5.0 and as high as $15.59. Technical traders will take note that at $14.35, shares of SWN are trading above their 200-day MA at $10.67 and above their 50-day MA at $14.02. 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 SWN? Southwestern Energy Co is an energy company. It explores, develops, and produces natural gas and crude oil within the United States. The company’s 2597 employees are led by CEO William J. Way from the corporate headquarters at 10000 Energy Drive in Spring, TX. For more information on SWN 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 (September 21, 2016 - 3:37 PM EDT)

News by QuoteMedia

Legal Notice