Shares of Amplify Energy Corp. (NYSE:AMPY) traded at a new 52-week high today of $6.57. This new high was reached on below average trading volume as 377,000 shares traded hands, while the average 30-day volume is approximately 947,000 shares.
Based on a current price of $6.46, Amplify Energy Corp. is currently 8.8% above its average consensus analyst price target of $5.89.
Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties in the United States. Its properties consist of mature, legacy oil and natural gas fields. The assets primarily consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.
Amplify Energy Corp. share prices have moved between a 52-week high of $6.57 and a 52-week low of $2.35 and are now trading 175% above that low price at $6.46 per share.
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