Contango Oil & Gas Company [NYSE: MCF] dipped by -4.20% on the last trading session, reaching $0.96 price per share at the time. Contango Oil & Gas Company represents 35.89M in outstanding shares, while the company has a total market value of $35.89M with the latest information.
The Contango Oil & Gas Company traded at the price of $0.96 with 1.49 million shares were bought and sold during the latest trading session. Over the period of the last 3 months, the average trading volume of MCF shares recorded 96.89K.
Contango Oil & Gas Company [NYSE:MCF]: Analyst Rating and Earnings
Its stock price has been found in the range of 0.91 to 7.32. This is compared to its latest closing price of $1.00.
Pay attention for this company’s financial results, of which the next release is scheduled to happen on Wed 6 Nov (In 54 Days).
Fundamental Analysis of Contango Oil & Gas Company [MCF]
Now let’s turn to look at profitability: with a current Operating Margin for Contango Oil & Gas Company [MCF] sitting at -22.33 and its Gross Margin at +9.00.
This company’s Return on Total Capital is -6.75, and its Return on Invested Capital has reached -59.80%. Its Return on Equity is -66.61, and its Return on Assets is -36.59. These metrics suggest that this Contango Oil & Gas Company does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Contango Oil & Gas Company [MCF] has generated a Total Debt to Total Equity ratio of 42.74. Similarly, its Total Debt to Total Capital is 29.94, while its Total Debt to Total Assets stands at 22.28.
What about valuation? This company’s Enterprise Value to EBITDA is 3.42 and its Total Debt to EBITDA Value is 2.33. The Enterprise Value to Sales for this firm is now 1.36, and its Total Debt to Enterprise Value stands at 0.43. Contango Oil & Gas Company [MCF] has a Price to Book Ratio of 0.79, a Price to Cash Flow Ratio of 3.59.
Shifting the focus to workforce efficiency, Contango Oil & Gas Company [MCF] earns $1,675,804 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.27 and its Total Asset Turnover is 0.23. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.17 and its Current Ratio is 0.17. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Contango Oil & Gas Company [MCF] has 35.89M shares outstanding, amounting to a total market cap of $35.89M. Its stock price has been found in the range of 0.91 to 7.32. At its current price, it has moved down by -86.91% from its 52-week high, and it has moved up 5.27% from its 52-week low.
This stock’s Beta value is currently 1.55, which indicates that it is 9.82% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 37.89. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Contango Oil & Gas Company [MCF] a Reliable Buy?
Contango Oil & Gas Company [MCF] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.