Fanning the Flames: Increased Volatility Noted on Shares of Stone Energy Corporation (NYSE:SGY)

Shares of Stone Energy Corporation (NYSE:SGY) are showing high volatlity in today’s session as the stock has moved -10.18%, clocking in at $20.38 after a recent bid.

Volatility is the dispersion of returns for a given stock. It is quantified by short-term traders as the average difference between a stock’s daily high and daily low, then divided by the stock price. In other words, volatility refers to the amount of risk about the size of changes in a stock’s value. Based on data provided from analysts, Stone Energy Corporation has a current consensus target price of 2.77. The current consensus analyst recommendation is sitting at 2.20 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

Moving Averages and ATR

After a recent spot-check, Stone Energy Corporation (NYSE:SGY)’s ATR is 1.32. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of Stone Energy Corporation (NYSE:SGY), we notice that the stock is -11.09% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of -6.53% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded -20.75% away from the current share price. Company shares were recently noted -21.70% off of the 50-day high and 4.95% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -78.06% separated from the 52 week high and 51.64% from the low.

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