Quarterly Metrics: Quick and Current Ratios for Crescent Energy Co. (CRGY)

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As of close of business last night, Crescent Energy Co.’s stock clocked out at $12.93, down -1.60% from its previous closing price of $13.14. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 3.5 million shares were traded. CRGY stock price reached its highest trading level at $13.14 during the session, while it also had its lowest trading level at $12.825.

Ratios:

To gain a deeper understanding of CRGY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.25. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2966982400 and an Enterprise Value of 4543796736. As of this moment, Crescent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1452.81, and their Forward P/E ratio for the next fiscal year is 10.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 41.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 1.74 whereas that against EBITDA is 3.953.

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 14.48%, while the 200-Day Moving Average is calculated to be 11.72%.

Shares Statistics:

It appears that CRGY traded 3.62M shares on average per day over the past three months and 8156450 shares per day over the past ten days. 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 58.58% stake in the company. Shares short for CRGY as of 1726185600 were 13240268 with a Short Ratio of 3.66, compared to 1723680000 on 14260455. Therefore, it implies a Short% of Shares Outstanding of 13240268 and a Short% of Float of 8.62.

Dividends & Splits

With its trailing 12-month dividend rate of 0.48, CRGY has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 0.03652968

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