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Crescent Energy Co. (NYSE: CRGY) closed the day trading at $12.42 down -1.74% from the previous closing price of $12.64. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 1.74 million shares were traded. CRGY stock price reached its highest trading level at $12.71 during the session, while it also had its lowest trading level at $12.295.
Ratios:
For a better understanding of CRGY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 1.14.
On September 18, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 05 ’24 when Shi Bo bought 950 shares for $11.13 per share. The transaction valued at 10,574 led to the insider holds 45,811 shares of the business.
Falk Todd bought 1,000 shares of CRGY for $11,240 on Sep 05 ’24. The insider now owns 7,000 shares after completing the transaction at $11.24 per share. On Sep 05 ’24, another insider, Rockecharlie David C., who serves as the insider of the company, bought 10,000 shares for $11.07 each. As a result, the insider paid 110,700 and bolstered with 110,000 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, CRGY now has a Market Capitalization of 2844987136 and an Enterprise Value of 4486923264. As of this moment, Crescent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1395.51, and their Forward P/E ratio for the next fiscal year is 9.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 39.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.719 whereas that against EBITDA is 3.903.
Stock Price History:
Over the past 52 weeks, CRGY has reached a high of $13.85, while it has fallen to a 52-week low of $9.88. The 50-Day Moving Average of the stock is 7.34%, while the 200-Day Moving Average is calculated to be 7.43%.
Shares Statistics:
Over the past 3-months, CRGY traded about 3.65M shares per day on average, while over the past 10 days, CRGY traded about 2761180 shares per day. A total of 163.12M shares are outstanding, with a floating share count of 152.57M. Insiders hold about 6.46% of the company’s shares, while institutions hold 58.53% stake in the company. Shares short for CRGY as of 1727654400 were 15337559 with a Short Ratio of 4.20, compared to 1724976000 on 12149639. Therefore, it implies a Short% of Shares Outstanding of 15337559 and a Short% of Float of 9.99.
Dividends & Splits
CRGY’s forward annual dividend rate is 0.48, up from 0.48 a year ago. Against a Trailing Annual Dividend Yield of 0.03797468
