Chesapeake Energy Corp. (NYSE:CHK)’s share price traded down 3.2% during trading on Tuesday . The company traded as low as $4.83 and last traded at $4.85, with a volume of 27,927,739 shares. The stock had previously closed at $5.01.

A number of equities analysts have recently commented on the stock. Vetr downgraded shares of Chesapeake Energy Corp. from a “strong-buy” rating to a “buy” rating and set a $3.97 price objective for the company. in a research note on Monday, May 23rd. KLR Group reiterated a “buy” rating and issued a $9.00 target price on shares of Chesapeake Energy Corp. in a research note on Thursday. Wunderlich reiterated a “hold” rating and issued a $6.00 target price on shares of Chesapeake Energy Corp. in a research note on Thursday, May 26th. Argus reiterated a “hold” rating on shares of Chesapeake Energy Corp. in a research note on Thursday, June 23rd. Finally, Simmons upgraded shares of Chesapeake Energy Corp. from an “underweight” rating to a “neutral” rating and set a $4.50 target price for the company in a research note on Tuesday, July 12th. Six investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Chesapeake Energy Corp. has an average rating of “Hold” and an average price target of $6.80.

The company has a 50 day moving average of $4.71 and a 200-day moving average of $4.32. The firm’s market capitalization is $3.81 billion.

Chesapeake Energy Corp. (NYSE:CHK) last posted its quarterly earnings data on Thursday, August 4th. The oil and gas exploration company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by $0.03. During the same quarter last year, the firm posted ($0.11) earnings per share. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.91 billion. The company’s revenue was down 53.9% compared to the same quarter last year. On average, analysts anticipate that Chesapeake Energy Corp. will post ($0.39) EPS for the current year.

A hedge fund recently raised its stake in Chesapeake Energy Corp. stock. Rhumbline Advisers raised its position in Chesapeake Energy Corp. (NYSE:CHK) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 715,619 shares of the oil and gas exploration company’s stock after buying an additional 29,328 shares during the period. Rhumbline Advisers owned 0.11% of Chesapeake Energy Corp. worth $3,220,000 as of its most recent SEC filing.

Chesapeake Energy Corporation (Chesapeake) is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. The Company operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. The exploration and production segment is responsible for finding and producing oil, natural gas and NGL.

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