Shares of Chesapeake Energy Co. (NASDAQ:CHKEZ – Get Rating) rose 16.7% during mid-day trading on Wednesday . The company traded as high as $65.95 and last traded at $65.95. Approximately 196 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 743 shares. The stock had previously closed at $56.51.
Chesapeake Energy Price Performance
The business has a 50-day moving average price of $61.86 and a 200-day moving average price of $74.10.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in CHKEZ. Bluefin Capital Management LLC raised its stake in Chesapeake Energy by 0.8% in the fourth quarter. Bluefin Capital Management LLC now owns 1,239,660 shares of the company's stock valued at $99,284,000 after buying an additional 10,155 shares in the last quarter. Aequim Alternative Investments LP grew its holdings in shares of Chesapeake Energy by 8.8% during the fourth quarter. Aequim Alternative Investments LP now owns 2,293,953 shares of the company's stock worth $185,214,000 after purchasing an additional 186,505 shares during the last quarter. Aristeia Capital LLC purchased a new position in shares of Chesapeake Energy during the third quarter worth about $8,581,000. Warberg Asset Management LLC grew its holdings in shares of Chesapeake Energy by 22.1% during the third quarter. Warberg Asset Management LLC now owns 241,808 shares of the company's stock worth $18,456,000 after purchasing an additional 43,707 shares during the last quarter. Finally, OTA Financial Group L.P. purchased a new position in shares of Chesapeake Energy during the third quarter worth about $11,550,000.
Read More
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