Southwestern Energy Company (SWN) Boosts Basic Materials Sector with Early Advance of 3.18% on November 18

Southwestern Energy Company (SWN" target="_new">SWN) is one of the best performing stocks in the basic materials sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on November 18. Shares of SWN" target="_new">SWN have climbed 3.18% about 30 minutes into the session to $10.7 after closing the day prior at $10.37. It’s early, but the stock has traded as high as $10.7 and as low as $10.52 so far. Today's quick advance has come with about 498,876 shares changing hands, compared to an average 30-day volume of 19.94 million for Southwestern Energy Company. The price is currently below the 30-day volume weighted average price of $10.61 for SWN" target="_new">SWN.

The share appreciation 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 4.58:1 and a price-to-earnings ratio of :1.

In the past 52 weeks, shares of SWN" target="_new">SWN have traded as low as $5.0 and as high as $15.59. Technical traders will take note that at $10.7, shares of SWN" target="_new">SWN are trading below their 200-day MA at $11.73 and below their 50-day MA at $12.33. 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.

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