Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Comstock Resources, Inc. (NYSE: CRK) closed the day trading at $9.78 up 0.51% from the previous closing price of $9.73. In other words, the price has increased by $0.51 from its previous closing price. On the day, 3.05 million shares were traded. CRK stock price reached its highest trading level at $9.895 during the session, while it also had its lowest trading level at $9.5.
Ratios:
For a better understanding of CRK, let’s look at its different ratios. 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:
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 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 2857735424 and an Enterprise Value of 5429124608. As of this moment, Comstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.82, and their Forward P/E ratio for the next fiscal year is 7.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 3.469 whereas that against EBITDA is 6.507.
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 13.98%, while the 200-Day Moving Average is calculated to be -4.14%.
Shares Statistics:
Over the past 3-months, CRK traded about 4.53M shares per day on average, while over the past 10 days, CRK traded about 3709680 shares per day. 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 36.27% stake in the company. Shares short for CRK as of 1711584000 were 25341037 with a Short Ratio of 5.60, 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
CRK’s forward annual dividend rate is 0.38, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.051387463
