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The closing price of Crescent Energy Co. (NYSE: CRGY) was $10.42 for the day, up 1.07% from the previous closing price of $10.31. In other words, the price has increased by $1.07 from its previous closing price. On the day, 1.46 million shares were traded. CRGY stock price reached its highest trading level at $10.605 during the session, while it also had its lowest trading level at $10.305.
Ratios:
Our analysis of CRGY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.43. 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 June 27, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $16.KeyBanc Capital Markets initiated its Overweight rating on June 27, 2024, with a $16 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2391025152 and an Enterprise Value of 4263889920. As of this moment, Crescent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1170.79, and their Forward P/E ratio for the next fiscal year is 5.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 1.633 whereas that against EBITDA is 3.709.
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 -9.43%, while the 200-Day Moving Average is calculated to be -9.96%.
Shares Statistics:
CRGY traded an average of 2.82M shares per day over the past three months and 2559130 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 59.87% stake in the company. Shares short for CRGY as of 1724976000 were 12149639 with a Short Ratio of 4.30, compared to 1722384000 on 22186731. Therefore, it implies a Short% of Shares Outstanding of 12149639 and a Short% of Float of 7.91.
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 0.046556737
