Crescent Energy Co. (CRGY) concluded trading on Wednesday at a closing price of $12.40, with 11.51 million shares of worth about $142.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.92% during that period and on October 02, 2024 the price saw a gain of about 11.01%. Currently the company’s common shares owned by public are about 163.12M shares, out of which, 152.57M shares are available for trading.
Stock saw a price change of 8.39% in past 5 days and over the past one month there was a price change of 8.30%. Year-to-date (YTD), CRGY shares are showing a performance of -6.13% which increased to 5.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.88 but also hit the highest price of $13.85 during that period. The average intraday trading volume for Crescent Energy Co. shares is 2.76 million. The stock is currently trading 13.12% above its 20-day simple moving average (SMA20), while that difference is up 10.77% for SMA50 and it goes to 7.31% higher than SMA200.
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Crescent Energy Co. (NYSE: CRGY) currently have 163.12M outstanding shares and institutions hold larger chunk of about 58.54% of that.
The stock has a current market capitalization of $2.02B and its 3Y-monthly beta is at 1.13. PE ratio of stock for trailing 12 months is 1393.26, while it has posted earnings per share of $0.01 in the same period. It has Quick Ratio of 1.87 while making debt-to-equity ratio of 1.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRGY, volatility over the week remained 3.68% while standing at 3.63% over the month.
Stock’s fiscal year EPS is expected to drop by -38.77% while it is estimated to decrease by -12.58% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on September 24, 2024 offering an Outperform rating for the stock and assigned a target price of $17 to it. Coverage by JP Morgan stated Crescent Energy Co. (CRGY) stock as a Neutral in their note to investors on September 18, 2024, suggesting a price target of $12 for the stock. On August 08, 2024, Wells Fargo Resumed their recommendations, while on July 18, 2024, Wolfe Research Resumed their ratings for the stock with a price target of $16. Stock get an Overweight rating from KeyBanc Capital Markets on June 27, 2024.
