SandRidge Energy, Inc. (NYSE:SD - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.98 and traded as high as $12.28. SandRidge Energy shares last traded at $12.15, with a volume of 241,038 shares.
SandRidge Energy Stock Down 0.1 %
The business's 50 day simple moving average is $11.96 and its 200 day simple moving average is $11.98. The company has a market capitalization of $435.22 million, a PE ratio of 9.14 and a beta of 2.06.
Institutional Trading of SandRidge Energy
Hedge funds have recently modified their holdings of the business. Quarry LP acquired a new position in SandRidge Energy during the fourth quarter valued at $41,000. Point72 Asset Management L.P. purchased a new position in SandRidge Energy during the 4th quarter valued at about $86,000. NewEdge Advisors LLC increased its holdings in shares of SandRidge Energy by 100.0% in the 4th quarter. NewEdge Advisors LLC now owns 9,000 shares of the oil and natural gas company's stock valued at $105,000 after purchasing an additional 4,500 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of SandRidge Energy by 2,650.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 11,138 shares of the oil and natural gas company's stock worth $130,000 after purchasing an additional 10,733 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of SandRidge Energy in the fourth quarter worth approximately $132,000. Hedge funds and other institutional investors own 61.84% of the company's stock.
About SandRidge Energy
(
Get Free Report)
SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.
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