Marathon Oil Corp. (MRO) is Trading Lower on Unusual Volume for February 17

Equities Staff |

Marathon Oil Corp. (MRO) experienced unusually high volume on Feb. 17, as the stock lost 1.62% to a closing price of $7.28. The stock saw 51.6 million shares trade hands over the course of the day on 172,035 trades. Given that the stock’s average daily volume over the last month has been 26.77 million shares a day, this represents a pretty substantial spike over the norm.

Marathon Oil Corp. has a P/B ratio of 0.26. The stock has traded between $31.53 and $6.52 over the last 52-weeks, its 50-day SMA is now $10.87, and its 200-day SMA $18.29.

Marathon Oil Corp is an energy company engaged in the exploration, production and marketing of liquid hydrocarbons and natural gas, production and marketing of products manufactured from natural gas and oil sands mining.

Headquartered in Houston, TX, Marathon Oil Corp. has 3,330 employees and is currently under the leadership of CEO Lee M. Tillman.

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

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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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