Quicksilver Resources Inc. Reaches New 12-Month High at $3.46 (KWK)
Quicksilver Resources (NYSE:KWK) set a new 52-week high during trading hours on Thursday, AnalystRatingsNetwork reports. The company traded as high as $3.46 and last traded at $3.38, with a volume of 6,002,632 shares. The stock had previously closed at $3.07.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Quicksilver Resources in a research note to investors on Thursday, November 7th. They now have a $2.50 price target on the stock. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $2.00.
Quicksilver Resources has a 1-year low of $1.44 and a 1-year high of $3.27. The stock has a 50-day moving average of $2.80 and a 200-day moving average of $2.12. The company’s market cap is $582.1 million.
Quicksilver Resources (NYSE:KWK) last released its earnings data on Tuesday, November 5th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.04) by $0.01. The company had revenue of $113.00 million for the quarter, compared to the consensus estimate of $116.75 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was down 32.7% on a year-over-year basis. On average, analysts predict that Quicksilver Resources will post $-0.19 earnings per share for the current fiscal year.
Quicksilver Resources Inc (NYSE:KWK) is an independent oil and gas company engaged primarily in the acquisition, exploration, development and production of onshore oil and gas in North America.
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