Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Comstock Resources, Inc (NYSE: CRK) was $21.18 for the day, up 1.53% from the previous closing price of $20.86. In other words, the price has increased by $1.53 from its previous closing price. On the day, 2.59 million shares were traded. CRK stock price reached its highest trading level at $21.32 during the session, while it also had its lowest trading level at $20.6835.
Ratios:
Our analysis of CRK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on January 10, 2025, initiated with a Equal-Weight rating and assigned the stock a target price of $18.
On December 16, 2024, Mizuho Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $10 to $18.
On October 28, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $14.BofA Securities initiated its Buy rating on October 28, 2024, with a $14 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 Dec 30 ’24 when Davis Elizabeth B sold 8,000 shares for $18.17 per share. The transaction valued at 145,360 led to the insider holds 99,632 shares of the business.
Davis Elizabeth B sold 10,000 shares of CRK for $169,800 on Dec 27 ’24. The Director now owns 107,632 shares after completing the transaction at $16.98 per share. On Dec 24 ’24, another insider, Davis Elizabeth B, who serves as the Director of the company, sold 6,149 shares for $16.97 each. As a result, the insider received 104,334 and left with 117,632 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, CRK now has a Market Capitalization of 6190087680 and an Enterprise Value of 9274272768. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 7.147 whereas that against EBITDA is 14.009.
Stock Price History:
The Beta on a monthly basis for CRK is 0.47, which has changed by 1.5913043 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, CRK has reached a high of $20.97, while it has fallen to a 52-week low of $7.07. The 50-Day Moving Average of the stock is 33.75%, while the 200-Day Moving Average is calculated to be 78.08%.
Shares Statistics:
CRK traded an average of 2.19M shares per day over the past three months and 3110940 shares per day over the past ten days. A total of 292.26M shares are outstanding, with a floating share count of 77.55M. Insiders hold about 73.46% of the company’s shares, while institutions hold 31.79% stake in the company. Shares short for CRK as of 1735603200 were 24199064 with a Short Ratio of 11.04, compared to 1732838400 on 24696041. Therefore, it implies a Short% of Shares Outstanding of 24199064 and a Short% of Float of 26.43.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0059923297The current Payout Ratio is 65.42% for CRK, which recently paid a dividend on 2023-11-30 with an ex-dividend date of 1701302400. Stock splits for the company last occurred on 2016-08-01 when the company split stock in a 1:5 ratio.
