A new trading day began on Monday, with California Resources Corporation (NYSE: CRC) stock price down -10.96% from the previous day of trading, before settling in for the closing price of $44.62. CRC’s price has ranged from $43.09 to $60.41 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 8.13% over the last five years. Meanwhile, its annual earnings per share averaged -0.15%. With a float of $75.24 million, this company’s outstanding shares have now reached $89.46 million.
The firm has a total of 970 workers. Let’s measure their productivity. In terms of profitability, gross margin is 54.8%, operating margin of 26.95%, and the pretax margin is 24.84%.
California Resources Corporation (CRC) Insider Activity
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 California Resources Corporation is 17.65%, while institutional ownership is 86.84%. The most recent insider transaction that took place on Dec 12 ’24, was worth 883,821. In this transaction EVP – Operations of this company sold 16,016 shares at a rate of $55.18, taking the stock ownership to the 30,940 shares. Before that another transaction happened on Dec 12 ’24, when Company’s EVP, Chf Strategy Officer & GC sold 83,000 for $55.19, making the entire transaction worth $4,580,559. This insider now owns 41,938 shares in total.
California Resources Corporation (CRC) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.81% during the next five years compared to 2.81% growth over the previous five years of trading.
California Resources Corporation (NYSE: CRC) Trading Performance Indicators
Here are California Resources Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38. Likewise, its price to free cash flow for the trailing twelve months is 12.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.35, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 4.14 in one year’s time.
Technical Analysis of California Resources Corporation (CRC)
Analysing the last 5-days average volume posted by the [California Resources Corporation, CRC], we can find that recorded value of 0.86 million was better than the volume posted last year of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 8.14%. Additionally, its Average True Range was 1.74.
During the past 100 days, California Resources Corporation’s (CRC) raw stochastic average was set at 2.64%, which indicates a significant decrease from 5.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.63% in the past 14 days, which was higher than the 37.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.01, while its 200-day Moving Average is $51.25. Now, the first resistance to watch is $43.99. This is followed by the second major resistance level at $48.25. The third major resistance level sits at $50.66. If the price goes on to break the first support level at $37.32, it is likely to go to the next support level at $34.91. Should the price break the second support level, the third support level stands at $30.65.
California Resources Corporation (NYSE: CRC) Key Stats
With a market capitalization of 3.63 billion, the company has a total of 91,373K Shares Outstanding. Currently, annual sales are 2,801 M while annual income is 564,000 K. The company’s previous quarter sales were 1,353 M while its latest quarter income was 345,000 K.
