Coterra Energy Inc (NYSE: CTRA) kicked off on Monday, up 0.68% from the previous trading day, before settling in for the closing price of $27.75. Over the past 52 weeks, CTRA has traded in a range of $22.91-$29.89.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Energy sector has jumped its sales by 48.71% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -18.18%. With a float of $737.90 million, this company’s outstanding shares have now reached $751.00 million.
In an organization with 894 employees, it is important to assess its efficiency.
Coterra Energy Inc (CTRA) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Coterra Energy Inc is 1.78%, while institutional ownership is 89.72%. The most recent insider transaction that took place on Mar 20 ’24, was worth 1,488,300. In this transaction Vice Pres & CAO of this company sold 55,000 shares at a rate of $27.06, taking the stock ownership to the 176,758 shares. Before that another transaction happened on Mar 01 ’24, when Company’s VP – Business Units sold 14,000 for $26.06, making the entire transaction worth $364,840. This insider now owns 93,988 shares in total.
Coterra Energy Inc (CTRA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -18.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to 11.36% growth over the previous five years of trading.
Coterra Energy Inc (NYSE: CTRA) Trading Performance Indicators
Take a look at Coterra Energy Inc’s (CTRA) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.74. Likewise, its price to free cash flow for the trailing twelve months is 13.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.13, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 2.88 in one year’s time.
Technical Analysis of Coterra Energy Inc (CTRA)
Let’s dig in a bit further. During the last 5-days, its volume was 5.85 million. That was inferior than the volume of 6.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.00%. Additionally, its Average True Range was 0.56.
During the past 100 days, Coterra Energy Inc’s (CTRA) raw stochastic average was set at 81.43%, which indicates a significant increase from 57.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.30% in the past 14 days, which was lower than the 20.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.70, while its 200-day Moving Average is $26.70. However, in the short run, Coterra Energy Inc’s stock first resistance to watch stands at $28.26. Second resistance stands at $28.57. The third major resistance level sits at $28.98. If the price goes on to break the first support level at $27.54, it is likely to go to the next support level at $27.13. Assuming the price breaks the second support level, the third support level stands at $26.82.
Coterra Energy Inc (NYSE: CTRA) Key Stats
The company with the Market Capitalisation of 20.99 billion has total of 751,847K Shares Outstanding. Its annual sales at the moment are 5,914 M in contrast with the sum of 1,625 M annual income. Company’s last quarter sales were recorded 1,596 M and last quarter income was 416,000 K.
