Showing posts with label bankers petroleum. Show all posts
Showing posts with label bankers petroleum. Show all posts

Saturday, November 12, 2011

Tuesday, November 8, 2011

Shares of Bankers Petroleum Receive a Boost, Up 8.4%

Published on Thu, 10/27/2011 - 10:16
By Robert Cotter in Market movers, BNKJF, bankers petroleum, market movers, nasdaq:bnkjf

One of today's stocks on the move is Bankers Petroleum (NASDAQ:BNKJF), up 8.4% to $5.45. The S&P is currently trading 2.2% higher to 1,269 and the Dow Jones Industrial Average is trading 2.1% higher to 12,101.

In the past 52 weeks, Bankers Petroleum share prices have been bracketed by a low of $2.84 and a high of $10.15 and are now at $5.45, 92% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.2%.

Bankers Petroleum (NASDAQ:BNKJF) has potential upside of 65.2% based on a current price of $5.45 and analysts' consensus price target of $9.00. The stock should find resistance at its 200-day moving average (MA) of $7.05, as well as support at its 50-day MA of $4.36.

Bankers Petroleum Ltd. is an oil and gas exploration and production company. The Company has a working interest in the Patos-Marinza oil field in Albania.

By Robert Cotter

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