Halcon Resources Corp (HK) Jumps 24% on December 23

Equities Staff |

Halcon Resources Corp (HK) was among the biggest gainers on the Russell 2000 for Wednesday December 23 as the stock popped 24% to $0.32, representing a gain of $0.0624 per share. Some 10.05 million shares traded hands on 12,278 trades, compared with an average daily volume of 4.93 million shares out of a total float of 605.18 million. The stock opened at $0.25 and traded with an intraday range of $0.34 to $0.25.

After today's gains, Halcon Resources Corp reached a market cap of $195.11 million. Halcon Resources Corp has had a trading range between $2.32 and $0.18 over the last year, and it had a 50-day SMA of $0.63 and a 200-day SMA of $1.05.

Halcon Resources Corp is an oil and natural gas company, which is engaged in the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States.

Halcon Resources Corp is based out of Houston, TX and has some 419 employees. Its CEO is Floyd C. Wilson.

For a complete fundamental analysis analysis of Halcon Resources Corp, check out Equities.com’s Stock Valuation Analysis report for HK. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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