Crescent Energy Co (NYSE: CRGY) on Friday, soared 0.66% from the previous trading day, before settling in for the closing price of $15.18. Within the past 52 weeks, CRGY’s price has moved between $9.88 and $15.53.
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A company in the Energy sector has jumped its sales by 37.53% annually for the last half of the decade. The company achieved an average annual earnings per share of -28.74%. With a float of $151.82 million, this company’s outstanding shares have now reached $162.35 million.
In an organization with 904 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 49.87%, operating margin of 7.19%, and the pretax margin is 7.23%.
Crescent Energy Co (CRGY) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Integrated industry stocks is more important than anything else. The insider ownership of Crescent Energy Co is 6.49%, while institutional ownership is 82.56%. The most recent insider transaction that took place on Sep 05 ’24, was worth 10,574. In this transaction an insider of this company bought 950 shares at a rate of $11.13, taking the stock ownership to the 45,811 shares. Before that another transaction happened on Sep 05 ’24, when Company’s See remarks bought 1,000 for $11.24, making the entire transaction worth $11,240. This insider now owns 7,000 shares in total.
Crescent Energy Co (CRGY) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.58 earnings per share (EPS) for the period topping the consensus outlook (set at 0.2) by 0.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.74% per share during the next fiscal year.
Crescent Energy Co (NYSE: CRGY) Trading Performance Indicators
Crescent Energy Co (CRGY) is currently performing well based on its current performance indicators. A quick ratio of 0.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 6.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.61, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.65 in one year’s time.
Technical Analysis of Crescent Energy Co (CRGY)
Let’s dig in a bit further. During the last 5-days, its volume was 2.49 million. That was better than the volume of 2.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.72%. Additionally, its Average True Range was 0.46.
During the past 100 days, Crescent Energy Co’s (CRGY) raw stochastic average was set at 95.41%, which indicates a significant increase from 92.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.80% in the past 14 days, which was lower than the 41.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.68, while its 200-day Moving Average is $11.81. However, in the short run, Crescent Energy Co’s stock first resistance to watch stands at $15.54. Second resistance stands at $15.80. The third major resistance level sits at $16.06. If the price goes on to break the first support level at $15.02, it is likely to go to the next support level at $14.76. The third support level lies at $14.50 if the price breaches the second support level.
Crescent Energy Co (NYSE: CRGY) Key Stats
Market capitalization of the company is 3.51 billion based on 228,294K outstanding shares. Right now, sales total 2,383 M and income totals 67,610 K. The company made 744,870 K in profit during its latest quarter, and -9,950 K in sales during its previous quarter.
