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Hyperdynamics (HDY) in Focus: Stock Moves 9.5% Higher

Zacks Equity Research

Hyperdynamics Corporation (HDY) was a big mover last session, as the company saw its shares rise nearly 10%. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.14 to $3.43 since Nov 14.

This oil and gas exploration company witnessed no estimate revision over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Hyperdynamics has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Abraxas Petroleum Corp. (AXAS), Bonanza Creek Energy, Inc. (BCEI) and Clayton Williams Energy, Inc. (CWEI). All these stocks sport a Zacks Rank #1 (Strong Buy).

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HYPERDYNAMICS CORP (HDY): Free Stock Analysis Report

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