Today, we feature ZaZa Energy Corp (NASDAQ: ZAZA), an oil and gas explorer, as the top share price momentum gainer, since the stock climbed over 21% during the last two consecutive trading days with a greater than average number of shares exchanging hands. In the last trading session, ZAZA was the top performer in the U.S. energy space having gained 23.3% breaking the long term 200-DMA at $0.92 and ended at $0.94 while recording huge volumes of 2.4 million shares. During the last 5-trading session, the stock climbed 38.7% with 5-day daily average trading volumes of 880,968 shares, while the stock accumulated over 34% during the past one month with daily average trading volumes of 406,198 shares.
Company Description:
ZaZa Energy Corp (NASDAQ: ZAZA) explores for oil and natural gas. The company operates in the Eagle Ford/Eaglebine Basin in Texas. ZaZa relies on open-hole logging technology, the integration of core and sample laboratory measurements, micro-seismic data and hydraulic fracture technology.
1-Year Stock Chart:
Source: Bloomberg
