Devon Energy Stock Bearish Momentum With A 15% Slide In The Last 5 Sessions

(VIANEWS) – Shares of Devon Energy (NYSE: DVN) slid by a staggering 15.17% in 5 sessions from $63.62 to $53.97 at 15:09 EST on Tuesday, after three successive sessions in a row of losses. NYSE is sliding 1.67% to $15,575.63, after four successive sessions in a row of losses.

Devon Energy’s last close was $53.33, 32.83% below its 52-week high of $79.40.

About Devon Energy

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

Earnings Per Share

As for profitability, Devon Energy has a trailing twelve months EPS of $-7.12.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 63.24%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 26.6% and a drop 3.7% for the next.

Moving Average

Devon Energy’s worth is way under its 50-day moving average of $61.77 and way under its 200-day moving average of $65.17.

More news about Devon Energy (DVN).

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