Southwestern Energy Company (SWN) Climbs 5.68% Gain on December 21 to Lead Basic Materials Sector

Southwestern Energy Company (SWN) was one of the best performers amongst all companies listed in the basic materials sector on the NYSE and NASDAQ exchanges during trading on December 21, climbing 5.68% to wrap the day at $10.97 after closing the day prior at $10.38. Throughout the trading session, shares of SWN rose as high as $11.26 and dipped as low as $10.55. Today's advance came with about 18.07 million shares changing hands, compared to an average 30-day volume of 15.01 million for Southwestern Energy Company. The price is currently below the 30-day volume weighted average price of $11.04 for SWN.

The share appreciation today gives the company a market capitalization of $5.14 billion based upon 495.45 million shares outstanding. It also means that SWN has a price-to-book ratio of 4.72:1.

In the past 52 weeks, shares of SWN have traded as low as $5.3 and as high as $15.59. Technical traders will take note that at $10.97, shares of SWN are trading below their 200-day MA at $12.26 and below their 50-day MA at $11.2. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.

Who is SWN?

Southwestern Energy Co is an energy company. It explores, develops, and produces natural gas and crude oil within the United States. The company’s 2597 employees are led by CEO William J. Way from the corporate headquarters at 10000 Energy Drive in Spring, TX.

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