Eclipse Resources Corp Sets New 52-Week Low at $18.82 (ECR)
Shares of Eclipse Resources Corp (NYSE:ECR) reached a new 52-week low during trading on Thursday , American Banking News reports. The company traded as low as $18.82 and last traded at $19.30, with a volume of 2,843,494 shares traded. The stock had previously closed at $20.77.
ECR has been the subject of a number of recent research reports. Analysts at SunTrust initiated coverage on shares of Eclipse Resources Corp in a research note on Monday, July 21st. They set a “neutral” rating and a $25.00 price target on the stock. Separately, analysts at Johnson Rice initiated coverage on shares of Eclipse Resources Corp in a research note on Thursday, July 17th. They set an “overweight” rating on the stock. Finally, analysts at Capital One Financial Corp. initiated coverage on shares of Eclipse Resources Corp in a research note on Wednesday, July 16th. They set an “overweight” rating and a $28.00 price target on the stock. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Eclipse Resources Corp has an average rating of “Buy” and an average target price of $28.82.
The stock’s 50-day moving average is $22.22 and its 200-day moving average is $22.45. The company’s market cap is $3.077 billion.
Eclipse Resources Corporation is an independent exploration and production company engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin.
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