Don’t Wait Because Time Not Wait For Anyone: Extraction Oil & Gas Inc. (XOG) and Extra Space Storage Inc. (EXR)

On Nov 29, GOLDMAN SACHS GROUP INC, 10% Owner sold 7,001 shares of Extraction Oil & Gas Inc. (NASDAQ: XOG), with the average selling price of the stock being $1.46 per share. The total amount realized from this sold $10,221. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Chairman and CEO – ERICKSON MARK sold an extra 70,024 shares of this stock in a transaction that took place a day before, on Jun 24, with a share sold at an average of $4.08 and a total of $285,810 was realized from this transaction. After the transaction, the Chairman and CEO – ERICKSON MARK was left with 1,614,542 shares of the company’s stock, which is currently worth around $6587331.36.

The recent price movement of XOG means that it is now down by -66.49% from its 52-week high and 42.86% up against its 52-week low prices. Over the past one week, the price volatility of XOG stands at 8.68% while the volatility over the past one month is 9.03%.

The company on 11/07/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.71 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.09 by 0.62. The revenue by the firm was 262.53M for the quarter.

The shares of Extraction Oil & Gas Inc. (XOG) dropped by -2.56%, leading to a loss of -$0.05 per share, and saw XOG end the trading session at $1.90 on Wednesday 01/15/20. XOG started the trading session at $1.94, before reaching a daily high of $2.03. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $1.89.

The trading volume on Wednesday stood at 1078344, which was below the stock’s 3-month average volume of 3.07 million shares, out of a total 96.46M shares. As the price of the stock dipped, the market valuation of the company dropped to 277.17 million.

The shares of Extra Space Storage Inc. (NYSE: EXR) went up by 1.14% by the end of the recent trading session. This movement saw its price surge to close at $109.59, which was higher than the previous closing price of $108.35. Over the past one week, the price of EXR has jumped by 3.21%, while it has recorded a gain of 7.14% over the past one month. Its three-month performance saw EXR lose -4.70% while its six-month performance saw it drop by -1.57%. The situation is different though over the past one year, as the stock price went up by 19.67%, while its year-to-date (YTD) price performance jumped by 3.76%. The stock price has gone up by +8.69% compared to its 90-day low, while it is down -5.95% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 834,065 shares, with the short-term indicators averagely rating the stock as a 50% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 921,172 shares and the indicators have an average rating of 50% Sell. The last indicators, the long-term see EXR stock with a 100-Day average volume of 903,114 shares, giving it an average rating of 50% Sell. A look at the general picture of all short, medium and long-term indicators leaves EXR with an average rating of 40% Sell.

Several brokerage firms sent out their reports EXR stock not long ago. In its report sent out on September 16, 2019, Morgan Stanley lowered its ratings on EXR from a Equal-Weight to a Underweight. In an earlier report on August 20, 2019, Stifel Initiated the stock to a Buy. Evercore ISI meanwhile in its report on April 01, 2019 Downgrade its rating of the stock from a “Underperform” to “Underperform”.

In related news to the company’s stock, around 99.50% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 530 institutions currently hold the EXR stock. In the last quarter, a 126,935,422 EXR shares were in the possession of institutions. On the other hand, the company recorded 73 new institutions who bought it their stock, while 35 institutions sold their entire EXR reserve. Of the current institutions investing in the stock, 272 increased their investment while 198 decreased their investment in the stock.