On September 22, 2022, Crescent Point Energy Corp. (NYSE: CPG) opened at $6.93, lower -3.68% from the last session. During the day, the shares moved up to $7.01 and dropped to $6.54 before settling in for the closing price of $6.79. Price fluctuations for CPG have ranged from $3.90 to $10.96 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 5.30% over the last five years. Company’s average yearly earnings per share was noted 186.40% at the time writing. With a float of $565.25 million, this company’s outstanding shares have now reached $571.44 million.
The firm has a total of 748 workers. Let’s measure their productivity.
Crescent Point Energy Corp. (CPG) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Crescent Point Energy Corp. is 0.37%, while institutional ownership is 39.46%.
Crescent Point Energy Corp. (CPG) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $0.45 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.4) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 186.40% per share during the next fiscal year.
Crescent Point Energy Corp. (NYSE: CPG) Trading Performance Indicators
Check out the current performance indicators for Crescent Point Energy Corp. (CPG). In the past quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35. Likewise, its price to free cash flow for the trailing twelve months is 3.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.94, a number that is poised to hit 0.60 in the next quarter and is forecasted to reach 2.33 in one year’s time.
Technical Analysis of Crescent Point Energy Corp. (CPG)
Analysing the last 5-days average volume posted by the [Crescent Point Energy Corp., CPG], we can find that recorded value of 14.7 million was better than the volume posted last year of 11.22 million. As of the previous 9 days, the stock’s Stochastic %D was 34.00%. Additionally, its Average True Range was 0.35.
During the past 100 days, Crescent Point Energy Corp.’s (CPG) raw stochastic average was set at 10.53%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.46% in the past 14 days, which was lower than the 67.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.32, while its 200-day Moving Average is $7.08. Now, the first resistance to watch is $6.85. This is followed by the second major resistance level at $7.17. The third major resistance level sits at $7.32. If the price goes on to break the first support level at $6.38, it is likely to go to the next support level at $6.23. Should the price break the second support level, the third support level stands at $5.91.
Crescent Point Energy Corp. (NYSE: CPG) Key Stats
There are currently 561,236K shares outstanding in the company with a market cap of 4.92 billion. Presently, the company’s annual sales total 2,258 M according to its annual income of 1,886 M. Last quarter, the company’s sales amounted to 885,920 K and its income totaled 259,600 K.