A new trading day began on Friday, with Coterra Energy Inc (NYSE: CTRA) stock price up 0.24% from the previous day of trading, before settling in for the closing price of $24.58. CTRA’s price has ranged from $22.30 to $28.90 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 48.71% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -28.53%. With a float of $722.67 million, this company’s outstanding shares have now reached $736.00 million.
In an organization with 894 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.07%, operating margin of 26.32%, and the pretax margin is 29.46%.
Coterra Energy Inc (CTRA) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Coterra Energy Inc is 1.87%, while institutional ownership is 90.35%. The most recent insider transaction that took place on Dec 03 ’24, was worth 775,461. In this transaction SVP & Chief Technology Officer of this company sold 29,643 shares at a rate of $26.16, taking the stock ownership to the 77,075 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 29,643 for $26.16, making the entire transaction worth $775,377.
Coterra Energy Inc (CTRA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -28.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.06% 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
Here are Coterra Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.35. Likewise, its price to free cash flow for the trailing twelve months is 16.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 2.94 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 6.86 million. That was better than the volume of 6.22 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.23%. Additionally, its Average True Range was 0.60.
During the past 100 days, Coterra Energy Inc’s (CTRA) raw stochastic average was set at 41.79%, which indicates a significant decrease from 51.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.21% in the past 14 days, which was higher than the 24.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.93, while its 200-day Moving Average is $25.82. However, in the short run, Coterra Energy Inc’s stock first resistance to watch stands at $24.86. Second resistance stands at $25.09. The third major resistance level sits at $25.28. If the price goes on to break the first support level at $24.45, it is likely to go to the next support level at $24.26. The third support level lies at $24.03 if the price breaches the second support level.
Coterra Energy Inc (NYSE: CTRA) Key Stats
With a market capitalization of 18.19 billion, the company has a total of 736,613K Shares Outstanding. Currently, annual sales are 5,914 M while annual income is 1,625 M. The company’s previous quarter sales were 1,359 M while its latest quarter income was 252,000 K.
