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The price of Crescent Energy Co. (NYSE: CRGY) closed at $12.35 in the last session, up 1.98% from day before closing price of $12.11. In other words, the price has increased by $1.98 from its previous closing price. On the day, 3.83 million shares were traded. CRGY stock price reached its highest trading level at $12.56 during the session, while it also had its lowest trading level at $12.02.
Ratios:
We take a closer look at CRGY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 246.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.89.
On June 27, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $16.
On April 10, 2024, Tudor Pickering Holt & Co. started tracking the stock assigning a Buy rating and target price of $18.Tudor Pickering Holt & Co. initiated its Buy rating on April 10, 2024, with a $18 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 Apr 01 ’24 when KKR Group Partnership L.P. sold 6,000,000 shares for $10.74 per share. The transaction valued at 64,440,000 led to the insider holds 0 shares of the business.
Independence Energy Aggregator sold 6,000,000 shares of CRGY for $64,440,000 on Apr 01 ’24. The 10% Owner now owns 0 shares after completing the transaction at $10.74 per share. On Mar 15 ’24, another insider, Kendall Brandi, who serves as the insider of the company, bought 488 shares for $11.08 each. As a result, the insider paid 5,407 and bolstered with 21,130 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 2149097728 and an Enterprise Value of 4703617024. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 1.92 whereas that against EBITDA is 4.34.
Stock Price History:
Over the past 52 weeks, CRGY has reached a high of $14.22, while it has fallen to a 52-week low of $10.11. The 50-Day Moving Average of the stock is 1.59%, while the 200-Day Moving Average is calculated to be 5.91%.
Shares Statistics:
According to the various share statistics, CRGY traded on average about 2.51M shares per day over the past 3-months and 3011060 shares per day over the past 10 days. A total of 111.52M shares are outstanding, with a floating share count of 101.28M. Insiders hold about 9.18% of the company’s shares, while institutions hold 70.57% stake in the company. Shares short for CRGY as of 1721001600 were 21738838 with a Short Ratio of 8.67, compared to 1718323200 on 14184101. Therefore, it implies a Short% of Shares Outstanding of 21738838 and a Short% of Float of 21.41.
Dividends & Splits
The forward annual dividend rate for CRGY is 0.48, which was 0.48 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.039636664
