Hot Performer of the day: Centennial Resource Development, Inc. (NASDAQ:CDEV)

Centennial Resource Development, Inc. (NASDAQ:CDEV) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Centennial Resource Development, Inc. (NASDAQ:CDEV) gained 0.14 Percent and closed its previous trading session at $21.05. The stock traded with the average Volume of 2.39 Million at the end of last session.

Centennial Resource Development, Inc. (NASDAQ:CDEV) has the Market Capitalization of 5.73 Billion. The Stock has its 52-week High of $22.14 and 52-Week Low of $15.78 and it touched its 52-week high on 01/24/18 and 52-Week Low on 06/05/18


The company reported its last earnings Actual EPS of $0.25/share. While, the analyst predicted that the company could provide an EPS of $0.21/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.04/share which shows an Earnings Surprise of 19 Percent.

Sell side analysts plays vital role in buying and selling a stock where 4 analysts rated Centennial Resource Development, Inc. (NASDAQ:CDEV) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 11.85% where SMA50 and SMA200 are 15.3% and 12.66% respectively.

The company shows its Return on Assets (ROA) value of 4.8%. The Return on Equity (ROE) value stands at 6.1%. While it’s Return on Investment (ROI) value is 2.2%.

Centennial Resource Development, Inc. (NASDAQ:CDEV) currently has a Weekly Volatility of 3.63% percent while its Monthly Volatility is at 3.16% percent. While talking about Performance of the Stock, Centennial Resource Development, Inc. currently has a Weekly performance of 11.14%, monthly performance percentage is 14.9 percent, Quarterly performance is 25.45 percent, 6 months performance shows a percent value of 16.62% and Yearly Performance is 18.26 percent.

Company Profile:

Centennial Resource Development, Inc. is an oil and natural gas company. It focuses on the development and acquisition of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. Centennial Resource Development Inc., is formerly known as Silver Run Acquisition Corporation, is headquatered in Denver, Colorado.