Isramco, Inc. (NASDAQ:ISRL) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $119.48 and traded as low as $124.20. Isramco shares last traded at $124.20, with a volume of 15 shares trading hands.

Separately, BidaskClub lowered Isramco from a “hold” rating to a “sell” rating in a research note on Friday, September 27th.

The firm has a market capitalization of $331.31 million, a price-to-earnings ratio of 22.92 and a beta of 0.34. The firm has a 50 day moving average price of $121.78 and a two-hundred day moving average price of $119.48.

Isramco (NASDAQ:ISRL) last released its quarterly earnings data on Friday, August 9th. The oil and natural gas company reported $0.83 earnings per share for the quarter. The business had revenue of $18.62 million for the quarter. Isramco had a negative return on equity of 263.45% and a net margin of 17.35%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ISRL. Vanguard Group Inc. lifted its stake in shares of Isramco by 3.4% in the 2nd quarter. Vanguard Group Inc. now owns 30,176 shares of the oil and natural gas company’s stock valued at $3,576,000 after purchasing an additional 991 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Isramco by 14.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,435 shares of the oil and natural gas company’s stock worth $407,000 after acquiring an additional 441 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in Isramco by 171.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 589 shares of the oil and natural gas company’s stock worth $70,000 after acquiring an additional 372 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in Isramco by 22.4% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,224 shares of the oil and natural gas company’s stock worth $145,000 after acquiring an additional 224 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Isramco by 4.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 4,789 shares of the oil and natural gas company’s stock worth $568,000 after acquiring an additional 199 shares in the last quarter. 5.14% of the stock is currently owned by institutional investors and hedge funds.

Isramco Company Profile (NASDAQ:ISRL)

Isramco, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas properties located onshore in the United States and offshore Israel. It operates in two segments, Oil and Gas Exploration and Production; and Production Services. The Oil and Gas Exploration and Production segment owns working interests in oil and gas wells in Louisiana, Texas, New Mexico, Oklahoma, Wyoming, Utah, and Colorado; and operates approximately 422 producing wells located primarily in Texas and New Mexico.

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