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Quicksilver Resources Inc (NYSE:KWK) surged +14.59% and closed at $2.12 in the last trading session with the total traded volume of 5.73 million shares. That’s more than the average volume of 3.04 million.
The company recently filed Form 8-K with the SEC showing that the company has entered into Amendment No. 2 (the "Amendment") to the Amended and Restated Rights Agreement dated as of December 20, 2005 (as amended by the Amendment thereto dated February 23, 2011, the "Rights Agreement") between Quicksilver Resources Inc. and Computershare Shareowner Services LLC (f/k/a Mellon Investor Services LLC), a New Jersey limited liability company, as rights agent.
KWK is now trading above its 50 day moving average of -17.10% and 200 day moving average of -42.07%. It has outstanding shares of 172.95 million with the total market cap of $366.65million and its beta value stands at 1.71 times which shows that stock is more volatile.
Gasco Energy Inc (NYSEAMEX:GSX) gained +14.22% to close at $0.0490 and its overall volume in the last trading session was 5.72 million shares, beating the average volume of 985,460. GSX hit the day high price of $0.05 and day low of $0.04. The stock recovered from a fall it faced after its conference call held at 11:00 AM ET on March 7, 2013 to discuss its Q4 12 earnings results.
The stock is trading with negative year-to-date performance of -30.00%. It has current ratio of 2.04 and its debt-to-equity ratio is 0.96. The company has total market cap of $8.32 million.
Halcon Resources Corp (NYSE:HK) moved up +4.91% with the closing price of $7.05 after a Form 8-K filing. The overall volume in the last trading session was 3.54 million shares. Its fifty two week range was $5.26-$11.24. The total market capitalization remained $2.59 billion.
The stock is ahead its 52 week low with 34.03% and its last month price volatility remained 4.44%. Its beta coefficient was 1.82 with a target price of $10.63. In its share capital, the company has 366.93 million outstanding shares while 237.41 million shares have been floated in market.
It has insider ownership of 29.73% with its institutional ownership remained 39.87%. Its current year earnings per share dropped with -1602.21% while the five year EPS growth rate was -40.92%.
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