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Shares of CRZO Down 16.9% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Carrizo Oil&Gas (NASDAQ:CRZO) on May 2nd, 2019 at $11.49. In approximately 1 month, Carrizo Oil&Gas has returned 16.88% as of today's recent price of $9.55.

Carrizo Oil&Gas share prices have moved between a 52-week high of $31.57 and a 52-week low of $9.23 and are now trading 3% above that low price at $9.48 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has slid 1.4%.

Carrizo Oil & Gas, Inc. explores for and produces natural gas and crude oil. The Company develops and exploits onshore properties. Carrizo Oil & Gas serves customers in the State of Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Carrizo Oil&Gas.

Log in and add Carrizo Oil&Gas (CRZO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights carrizo oil&gas

Ticker(s): CRZO