In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Crescent Energy Co (NYSE: CRGY) closed the day trading at $10.64 down -1.66% from the previous closing price of $10.82. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 3.88 million shares were traded.
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 19.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.98.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.64.
Stock Price History:
Over the past 52 weeks, CRGY has reached a high of $16.94, while it has fallen to a 52-week low of $9.88. The 50-Day Moving Average of the stock is -27.35%, while the 200-Day Moving Average is calculated to be -17.78%.
Shares Statistics:
A total of 187.07M shares are outstanding, with a floating share count of 181.60M. Insiders hold about 5.68% of the company’s shares, while institutions hold 93.66% stake in the company.
