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Why ConocoPhillips's Stock is Trading Lower Today

March 15, 2021 10:07 am
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The Price And Volume Action In ConocoPhillips's Stock Today

ConocoPhillips (NYSE:COP) is currently down 3.17% to a price of $57.7. Monday the stock has been traded at a volume of 1.08 million, about 10.3% of its recent 30-day volume average of 10.51 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: ConocoPhillips shares are trading lower after B of A Securities downgraded the stock from Buy to Neutral.

Insights On Recent Price Action

The stock's 50-day moving average was $47.66 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $61.14 and fallen to a low of $20.84.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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