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The price of Comstock Resources, Inc. (NYSE: CRK) closed at $9.19 in the last session, up 0.77% from day before closing price of $9.12. In other words, the price has increased by $0.77 from its previous closing price. On the day, 2.56 million shares were traded. CRK stock price reached its highest trading level at $9.2999 during the session, while it also had its lowest trading level at $9.07.
Ratios:
We take a closer look at CRK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.14.
On December 19, 2023, Siebert Williams Shank started tracking the stock assigning a Hold rating and target price of $10.Siebert Williams Shank initiated its Hold rating on December 19, 2023, with a $10 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 25 ’24 when Blue Star Exploration Corp bought 12,500,000 shares for $8.04 per share. The transaction valued at 100,450,000 led to the insider holds 194,821,429 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRK now has a Market Capitalization of 2685336064 and an Enterprise Value of 5278772736. As of this moment, Comstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.04, and their Forward P/E ratio for the next fiscal year is 6.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 3.373 whereas that against EBITDA is 6.327.
Stock Price History:
Over the past 52 weeks, CRK has reached a high of $13.39, while it has fallen to a 52-week low of $7.07. The 50-Day Moving Average of the stock is 9.07%, while the 200-Day Moving Average is calculated to be -10.27%.
Shares Statistics:
According to the various share statistics, CRK traded on average about 4.66M shares per day over the past 3-months and 3439770 shares per day over the past 10 days. A total of 278.43M shares are outstanding, with a floating share count of 78.87M. Insiders hold about 71.80% of the company’s shares, while institutions hold 36.45% stake in the company. Shares short for CRK as of 1711584000 were 25341037 with a Short Ratio of 5.43, compared to 1709164800 on 25429861. Therefore, it implies a Short% of Shares Outstanding of 25341037 and a Short% of Float of 23.990000000000002.
Dividends & Splits
The forward annual dividend rate for CRK is 0.38, which was 0.5 in the trailing 12 months.
Earnings Estimates
The stock of Comstock Resources, Inc. (CRK) is currently being evaluated by Salesforce, Inc. analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $125.37, with high estimates of $87.15 and low estimates of $9.19.
Analysts are recommending an EPS of between $Energy and $Energy for the fiscal current year, implying an average EPS of $Healthcare.
