Pre-Market Laggard: Chesapeake Energy (CHK)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Chesapeake Energy ( CHK) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Chesapeake Energy as such a stock due to the following factors:

  • CHK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $304.0 million.
  • CHK traded 21,403 shares today in the pre-market hours as of 7:57 AM.
  • CHK is down 2.4% today from yesterday's close.

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More details on CHK:

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas and natural gas liquids (NGL) from underground reservoirs in the United States. The stock currently has a dividend yield of 2.7%. Currently there are 4 analysts that rate Chesapeake Energy a buy, 5 analysts rate it a sell, and 11 rate it a hold.

The average volume for Chesapeake Energy has been 22.3 million shares per day over the past 30 days. Chesapeake Energy has a market cap of $8.7 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.03 and a short float of 27% with 5.45 days to cover. Shares are down 36.1% year-to-date as of the close of trading on Thursday.

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