Chesapeake Energy Corporation (NYSE:CHK) share price went up 2.45% or +0.15 points to reach at $6.27 during the course of previous trade. The stock traded in the range of $6.03 – $6.30 during its most recent trading session. The stock has total market worth of $4.99B and it has total of 776.96M outstanding shares. Relative strength index (RSI-14) for Chesapeake Energy Corporation (NYSE:CHK) is at 46.10.
Historically the stock has slipped -5.43% in the past week and plunged -1.26% in the last four weeks, the stock illustrate that its three months performance stands at 36.60% while its year to date performance is at 39.33%. Stock’s price oscillated from $1.50 to $9.55 during past twelve months. The stock is now trading at a distance of -9.36% from SMA-20. The stock is presently trading 2.72% above from its SMA-50. In the current trading session, the stock’s price moved 34.02% above from its SMA-200. If we take a look on its volatility, 7.01 percent was seen in a week and for the month it was 6.23 percent. Stock’s beta value stands at 1.85 and its ATR value is at 0.43.
Chesapeake Energy Corporation (NYSE:CHK) on Sept. 29, 2016 announced that it has priced its private placement to eligible purchasers of $1.1 billion aggregate principal amount of 5.5% convertible senior notes due 2026. The private placement was upsized from a previously announced amount of $850 million. The company also has granted the initial purchasers a 30-day option to purchase up to an additional $150 million aggregate principal amount of notes.
The notes will be convertible, under certain specified circumstances, into cash, Chesapeake common stock or a combination of cash and Chesapeake common stock, at Chesapeake’s election. The conversion rate will initially equal 116.7134 shares of common stock per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $8.57 per share of common stock). The conversion rate will be subject to adjustment in certain events but will not be adjusted for any accrued and unpaid interest.
The notes will bear interest at a rate of 5.5% per annum. The notes will mature on September 15, 2026 and may not be redeemed by Chesapeake prior to September 15, 2019. Chesapeake may redeem for cash all or part of the notes, at its option, on or after September 15, 2019 if the last reported sale price of its common stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the trading day immediately preceding the date on which Chesapeake provides notice of redemption exceeds 130% of the applicable conversion price for the notes on each of such 20 trading days. The redemption price will equal 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. No sinking fund is provided for the notes.
The closing of the private placement is expected to occur on October 5, 2016 and is subject to the satisfaction of customary closing conditions.
Deutsche Bank AG (USA) (NYSE:DB) share price rose 14.02% or +1.61 points to reach at $13.09 during previous trading session. Stock’s price oscillated between $12.06 and $13.28 for intra-day trading. Relative strength index (RSI-14) for Deutsche Bank AG (USA) (NYSE:DB) is at 49.30. It has total market capitalization of $20.42B.
Historically the stock has climbed 2.67% in the past week and plunged -11.25% in the last four weeks, the stock illustrate that its three months performance stands at -5.90% while its year to date performance is at -45.80%. The stock hit the peak price level of one year at $30.82 and touched the minimum level of $11.19. Shares are trading -57.53% off from the 52-week high price and +16.98% above from the 52-week bottom price level. The stock is now trading at a distance of -3.88% from SMA-20. The stock is presently trading -4.73% below from its SMA-50. In the current trading session, the stock’s price moved -22.42% below from its SMA-200. The company has a Return on Assets of -0.50%. The company currently has a Return on Equity of -12.20% and a Return on Investment of 4.50%.
Deutsche Bank AG (USA) (NYSE:DB) provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.