SandRidge Energy (SD) is Trading Higher on Unusual Volume for January 01

Equities Staff |

SandRidge Energy (SD) experienced unusually high volume on Jan. 01, as the stock gained 17.65% to a closing price of $0.20. The stock saw 33.39 million shares trade hands over the course of the day on 28,412 trades. Given that the stock’s average daily volume over the last month has been 16.46 million shares a day, this represents a pretty substantial spike over the norm.

SandRidge Energy has a P/B ratio of -0.11. The stock has traded between $2.53 and $0.17 over the last 52-weeks, its 50-day SMA is now $0.31, and its 200-day SMA $0.82.

SandRidge Energy Inc is an oil and natural gas company engaged in exploration, development and production activities in the Mid Continent, Gulf of Mexico and Gulf Coast.

Headquartered in Oklahoma City, OK, SandRidge Energy has 1,878 employees and is currently under the leadership of CEO James D. Bennett.

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

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

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