SM Energy SM shares are trading higher after JP Morgan updated the stock from Neutral to Overweight and announced a $27 price target. The stock is also gaining with the broader energy sector amid strength in oil prices.
SM Energy's stock is trading up 12.19% to a price of $22.73. The stock's volume is currently 2.75 million, which is roughly 113.91% of its recent 30-day volume average of 2.41 million.
The moving average price of the stock over the past 50 days was $19.12 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $26.86 and as low as $1.34.
Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
