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Why EOG Resources's Stock is Down During Today's Session

April 20, 2021 11:04 am
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EOG Resources's Stock Price And Volume Action

EOG Resources's (NYSE:EOG) stock has been falling Tuesday, down 4.97% to a price of $68.77. The stock's volume is currently 676.26 thousand, which is roughly 16.34% of its recent 30-day volume average of 4.14 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: EOG Resources shares are trading lower after Goldman Sachs downgraded the stock from Buy to Neutral and lowered its price target from $85 to $80 per share.

Perspective On Recent Price Action

The 50-day moving average price of EOG Resources's stock was $69.27 when this article was published. The stock reached a high of $77.14 and a low of $31.22 in the past 52 weeks.

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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