Callon Petroleum Company (NYSE:CPE) Shares Slipping Lower

Shares of Callon Petroleum Company (NYSE:CPE) have been moving lower in early trading. At the time of writing, the stock had slid down -7.35% since the open. This downward move has put the stock in the top loser category moving into the second half of the trading period.Callon Petroleum Company (NYSE:CPE) is seeing declines so far in today’s trading session.  Shares are moving -7.35% lower on solid volume. The stock has landed on the top loser list for the day according to Finviz data.  

Callon Petroleum Company(NYSE:CPE)‘s stock has performed at -27.39% year to date.  Breaking that down further, it has performed -8.00% for the week, 1.73% for the month, 10.71% over the last quarter, -10.58% for the past half-year and -19.54% for this last year. 

Callon Petroleum Company’s stock is   -7.38% away from its 20-Day Simple Moving Average.  Extending back, their stock is trading -6.14% from the 50-Day Simple Moving Average, looking even further back, they are trading -10.77% off of the 200-Day Simple Moving Average.  In comparing the current level to recent highs and lows, the stock is -15.11% from the 50-Day High and 10.71% off the 50-day low.

 We should also note their 52-Week High and Low:  the shares currently trade -44.20% away from their high and 10.71% from the low.

RECOMMENDATIONS

Considering the above information, analysts have given a consensus recommendation of 1.80.  This is according to the brokerage firms polled by Thomson Reuters.  

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