Laredo Petroleum Holdings Inc (LPI) is Trading Lower on Unusual Volume for January 20

Equities Staff |

Laredo Petroleum Holdings Inc (LPI) experienced unusually high volume on Jan. 20, as the stock lost 6.37% to a closing price of $6.32. The stock saw 5.49 million shares trade hands over the course of the day on 26,155 trades. Given that the stock’s average daily volume over the last month has been 3.48 million shares a day, this represents a pretty substantial spike over the norm.

Laredo Petroleum Holdings Inc has a P/B ratio of 1.24. The stock has traded between $16.18 and $5.82 over the last 52-weeks, its 50-day SMA is now $9.44, and its 200-day SMA $11.42.

Laredo Petroleum Inc, together with its subsidiaries, is an independent energy company focused on the exploration, development and acquisition of oil and natural gas properties mainly in the Permian Basin in West Texas.

Headquartered in Tulsa, OK, Laredo Petroleum Holdings Inc has 420 employees and is currently under the leadership of CEO Randy A. Foutch.

For a complete fundamental analysis analysis of Laredo Petroleum Holdings Inc, check out’s Stock Valuation Analysis report for LPI. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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