Here are the recap for the top 3 major gainers in the Oil & Gas sector trading under $5 on Wednesday. keep an eye on the following stocks.
Tellurian Inc (NASDAQ:TELL) was one of the biggest gainers in the Oil & Gas sector under $5 as the stock is up by over 14% to close at $3.17. Yesterday, the stock witnessed higher than average volume with more than 13.84 million shares exchanged hands, compared to its average volume of 10.19 million. The stock opened at $2.79 and moved within a wide range of $ 2.7300 – 3.1776. The stock has gained about 47% over the past month and almost tripled over the past year. The stock is trading 28% below its 52-week high and 366% higher from its 52-week low.
Newpark Resources (NASDAQ:NR) gained momentum as the stock went up 6.31% for the session to $3.37. The stock has moved within a wide range of $3.0400 – 3.3701. The stock has surged about 75% year-to-date. Moreover, the stock has moved up almost 109% over the past 6-month. The company posted a loss of 5 cents per share in the first quarter.
Denison Mines Corp (NASDAQ:DNN) was another gainer in the Oil & Gas sector. The stock was up 2.65% at $1.16. More than 6.60 million shares have been traded hands, compared to its average volume of 18.98 million. Over the past 52-week, the stock moved within a range of $0.3000 – 1.8100. The stock has soared 76% so far in 2021 and 238% in the past 6-month.The stock is trading in the neutral zone as RSI stands at 54.