Coterra Energy Inc (CTRA) volume hits 5.13 million: A New Opening for Investors

Coterra Energy Inc (NYSE: CTRA) open the trading on Wednesday, with great promise as it jumped 1.46% to $27.86, before settling in for the price of $27.46 at the close. Taking a more long-term approach, CTRA posted a 52-week range of $22.91-$29.89.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was 48.71%. Meanwhile, its Annual Earning per share during the time was 11.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.38%. This publicly-traded company’s shares outstanding now amounts to $751.00 million, simultaneously with a float of $738.26 million. The organization now has a market capitalization sitting at $20.95 billion. At the time of writing, stock’s 50-day Moving Average stood at $25.63, while the 200-day Moving Average is $26.42.

Coterra Energy Inc (CTRA) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas E&P industry. Coterra Energy Inc’s current insider ownership accounts for 1.81%, in contrast to 89.66% institutional ownership. According to the most recent insider trade that took place on Mar 20 ’24, this organization’s Vice Pres & CAO sold 55,000 shares at the rate of 27.06, making the entire transaction reach 1,488,300 in total value, affecting insider ownership by 176,758. Preceding that transaction, on Mar 01 ’24, Company’s VP – Business Units sold 14,000 for 26.06, making the whole transaction’s value amount to 364,840. This particular insider is now the holder of 93,988 in total.

Coterra Energy Inc (CTRA) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.52 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.55) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.

Coterra Energy Inc’s EPS decrease for this current 12-month fiscal period is -12.38% and is forecasted to reach 3.04 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.00% through the next 5 years, which can be compared against the 11.36% growth it accomplished over the previous five years trading on the market.

Coterra Energy Inc (NYSE: CTRA) Trading Performance Indicators

Let’s observe the current performance indicators for Coterra Energy Inc (CTRA). It’s Quick Ratio in the last reported quarter now stands at 1.18. The Stock has managed to achieve an average true range (ATR) of 0.51. Alongside those numbers, its PE Ratio stands at $13.09, and its Beta score is 0.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.73. Similarly, its price to free cash flow for trailing twelve months is now 13.44.

In the same vein, CTRA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.13, a figure that is expected to reach 0.47 in the next quarter, and analysts are predicting that it will be 3.04 at the market close of one year from today.

Technical Analysis of Coterra Energy Inc (CTRA)

[Coterra Energy Inc, CTRA] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 84.93% While, its Average True Range was 0.50.

Raw Stochastic average of Coterra Energy Inc (CTRA) in the period of the previous 100 days is set at 91.17%, which indicates a major fall in contrast to 95.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.59% that was lower than 21.99% volatility it exhibited in the past 100-days period.