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Northern Oil and Gas Inc. (NOG) had a rough trading day for Wednesday July 11 as shares tumbled 6.83%, or a loss of $-0.25 per share, to close at $3.41. After opening the day at $3.59, shares of Northern Oil and Gas Inc. traded as high as $3.66 and as low as $3.30. Volume was 6.92 million shares over 18,509 trades, against an average daily volume of 3.57 million shares and a total float of 281.61 million.
As a result of the decline, Northern Oil and Gas Inc. now has a market cap of $960.27 million. In the last year, shares of Northern Oil and Gas Inc. have traded between a range of $3.73 and $0.63, and its 50-day SMA is currently $2.58 and 200-day SMA is $1.87.
For a complete fundamental analysis of Northern Oil and Gas Inc., check out Equities.com’s Stock Valuation Analysis report for NOG.
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Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana.
Northern Oil and Gas Inc. is based out of Minnetonka, MN and has some 18 employees. Its CEO is Brandon R. Elliott.
Northern Oil and Gas Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Northern Oil and Gas Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: NOG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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