You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

Zacks #1 Stocks on the Move 07/29/2015

Company Name Symbol %Change
Shares of Devon Energy Fall to a New 52-Week Low

Print Share

Dec 31, 2012 (52 Week high-lows via COMTEX) -- Shares of Devon Energy (NYSE:DVN) traded at a new 52-week low today of $50.89. This new low was reached on approximately average trading volume as 2.7 million shares traded hands, while the average 30-day volume is approximately 3.5 million shares.

Devon Energy Corporation is an independent energy company that is involved primarily in oil and gas exploration, development and production, the transportation of oil, gas, and NGLs and the processing of natural gas. The Company also has marketing and midstream operations primarily in North America that include gas, crude oil and NGLs.

Devon Energy (NYSE:DVN) has potential upside of 41.9% based on a current price of $51.12 and analysts' consensus price target of $72.56. The stock should run into initial resistance at its 50-day moving average (MA) of $54.86 and subsequent resistance at its 200-day MA of $60.12.

Over the past year, Devon Energyhas traded in a range of $50.89 to $76.34 and are now at $51.12. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 0.6%.


Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit today.

Copyright, Comtex News Network, Inc. 2012

Free Stock Analysis From Zacks

Includes Zacks Long-Term Recommendation and Target Price

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.