Coterra Energy Inc (CTRA) poses a Brand-New Opportunity for Investors with beta value of 0.24

As on Wednesday, Coterra Energy Inc (NYSE: CTRA) got off with the flyer as it spiked 2.05% to $26.83, before settling in for the price of $26.29 at the close. Taking a more long-term approach, CTRA posted a 52-week range of $22.30-$28.90.

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It was noted that the giant of the Energy sector posted annual sales growth of 48.71% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 11.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -28.07%. This publicly-traded company’s shares outstanding now amounts to $751.00 million, simultaneously with a float of $723.22 million. The organization now has a market capitalization sitting at $19.76 billion. At the time of writing, stock’s 50-day Moving Average stood at $24.17, while the 200-day Moving Average is $25.84.

Coterra Energy Inc (CTRA) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Coterra Energy Inc’s current insider ownership accounts for 1.82%, in contrast to 90.30% institutional ownership. Preceding that transaction, on Mar 20 ’24, Company’s Vice Pres & CAO sold 55,000 for 27.06, making the whole transaction’s value amount to 1,488,300. This particular insider is now the holder of 176,758 in total.

Coterra Energy Inc (CTRA) Earnings and Revenue Records

Coterra Energy Inc’s EPS decrease for this current 12-month fiscal period is -28.07% and is forecasted to reach 2.88 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 23.53% 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 1.56. The Stock has managed to achieve an average true range (ATR) of 0.61. Alongside those numbers, its PE Ratio stands at $16.29, and its Beta score is 0.24. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.64. Similarly, its price to free cash flow for trailing twelve months is now 17.58.

In the same vein, CTRA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.65, a figure that is expected to reach 0.44 in the next quarter, and analysts are predicting that it will be 2.88 at the market close of one year from today.

Technical Analysis of Coterra Energy Inc (CTRA)

Through scrutinizing the latest numbers posted by the [Coterra Energy Inc, CTRA], it can be observed that its last 5-days Average volume of 6.43 million was better the volume of 6.25 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 96.30% While, its Average True Range was 0.62.

Raw Stochastic average of Coterra Energy Inc (CTRA) in the period of the previous 100 days is set at 83.89%, which indicates a major fall in contrast to 99.76% 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 35.70% that was higher than 24.18% volatility it exhibited in the past 100-days period.