Chesapeake Energy Co. (NASDAQ:CHKEL – Get Rating) dropped 0.4% during trading on Thursday . The company traded as low as $77.16 and last traded at $77.16. Approximately 1,238 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 75,406 shares. The stock had previously closed at $77.45.
Chesapeake Energy Stock Down 0.4 %
The business's fifty day moving average is $82.38 and its 200 day moving average is $73.72.
Institutional Trading of Chesapeake Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in CHKEL. UBS Group AG raised its holdings in shares of Chesapeake Energy by 302.2% during the first quarter. UBS Group AG now owns 1,476 shares of the company's stock valued at $82,000 after acquiring an additional 1,109 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Chesapeake Energy during the third quarter valued at approximately $201,000. BNP Paribas Arbitrage SNC acquired a new stake in shares of Chesapeake Energy during the third quarter valued at approximately $208,000. Cowen AND Company LLC acquired a new stake in shares of Chesapeake Energy during the second quarter valued at approximately $248,000. Finally, Deltec Asset Management LLC acquired a new stake in shares of Chesapeake Energy during the third quarter valued at approximately $257,000.
Further Reading
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