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The price of Comstock Resources, Inc (NYSE: CRK) closed at $19.62 in the last session, up 4.42% from day before closing price of $18.79. In other words, the price has increased by $4.42 from its previous closing price. On the day, 3.71 million shares were traded. CRK stock price reached its highest trading level at $20.06 during the session, while it also had its lowest trading level at $18.8.
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 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on December 16, 2024, Upgraded its rating to Neutral and sets its target price to $18 from $10 previously.
On October 28, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $14.
Siebert Williams Shank Downgraded its Hold to Sell on October 15, 2024, while the target price for the stock was maintained at $9.
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 Dec 30 ’24 when Davis Elizabeth B sold 8,000 shares for $18.17 per share. The transaction valued at 145,360 led to the insider holds 99,632 shares of the business.
Davis Elizabeth B sold 10,000 shares of CRK for $169,800 on Dec 27 ’24. The Director now owns 107,632 shares after completing the transaction at $16.98 per share. On Dec 24 ’24, another insider, Davis Elizabeth B, who serves as the Director of the company, sold 6,149 shares for $16.97 each. As a result, the insider received 104,334 and left with 117,632 shares of the company.
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 5734160896 and an Enterprise Value of 8818345984. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.43 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 6.796 whereas that against EBITDA is 13.32.
Stock Price History:
Over the past 52 weeks, CRK has reached a high of $19.25, while it has fallen to a 52-week low of $7.07. The 50-Day Moving Average of the stock is 29.47%, while the 200-Day Moving Average is calculated to be 68.21%.
Shares Statistics:
According to the various share statistics, CRK traded on average about 2.10M shares per day over the past 3-months and 2480870 shares per day over the past 10 days. A total of 292.26M shares are outstanding, with a floating share count of 77.55M. Insiders hold about 73.46% of the company’s shares, while institutions hold 31.79% stake in the company. Shares short for CRK as of 1734048000 were 25479736 with a Short Ratio of 12.15, compared to 1731628800 on 27839944. Therefore, it implies a Short% of Shares Outstanding of 25479736 and a Short% of Float of 27.83.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0066524744
