Chesapeake Energy Corp. (CHK) is Trading Lower on Unusual Volume for February 15

Chesapeake Energy Corp. (CHK) experienced unusually high volume on Feb. 15, as the stock lost 10.67% to a closing price of $1.59. The stock saw 49.58 million shares trade hands over the course of the day on 53,068 trades. Given that the stock’s average daily volume over the last month has been 32.19 million shares a day, this represents a pretty substantial spike over the norm.

Chesapeake Energy Corp. has a P/B ratio of 0.87. The stock has traded between $21.29 and $1.50 over the last 52-weeks, its 50-day SMA is now $3.75, and its 200-day SMA $8.14.

Chesapeake Energy Corp is a natural gas and oil exploration and production company. It explores, develops and acquires properties for the production of natural gas and crude oil from underground reservoirs and also provides marketing & midstream services.

Headquartered in Oklahoma City, OK, Chesapeake Energy Corp. has 5,500 employees and is currently under the leadership of CEO Robert D. Lawler.

For a complete fundamental analysis analysis of Chesapeake Energy Corp., check out Equities.com’s Stock Valuation Analysis report for CHK. 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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