Here is why Callon Petroleum Company (CPE) stock volatility recorded over the last month was 18.98%

Callon Petroleum Company (CPE) is priced at $1.20 after the most recent trading session. At the very opening of the session, the stock price was $1.21 and reached a high price of $1.23, prior to closing the session it reached the value of $1.18. The stock touched a low price of $1.15.

Recently in News on May 26, 2020, Callon Petroleum Company Announces Termination of the Exchange Offer and Consent Solicitations. Callon Petroleum Company (“Callon” or the “Company”) (NYSE: CPE) today announced that it terminated its previously announced private exchange offer (the “Exchange Offer”) to holders of its outstanding 6.25% Senior Notes due 2023 (the “2023 Notes”), 8.25% Senior Notes due 2025 (the “2025 Notes” and, together with the 2023 Notes, the “Carrizo Notes”), 6.125% Senior Notes due 2024 (the “2024 Notes”) and 6.375% Senior Notes due 2026 (the “2026 Notes” and, together with the 2024 Notes, the “Callon Notes” and, together with the Carrizo Notes, the “Old Notes”) to exchange their Old Notes for up to $300,000,000 aggregate principal amount of newly issued 8.00% Second Lien Senior Secured Notes due 2025 (the “New Notes”). All Old Notes previously tendered in the Exchange Offer and not validly withdrawn will be promptly returned to their respective holders. No Old Notes will be accepted for exchange and no New Notes will be issued. You can read further details here

Callon Petroleum Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.9800 on 01/03/20, with the lowest value was $0.3800 for the same time period, recorded on 03/09/20.

Callon Petroleum Company (CPE) full year performance was -81.51%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Callon Petroleum Company shares are logging -82.25% during the 52-week period from high price, and 215.79% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.38 and $6.76.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 17465453 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Callon Petroleum Company (CPE) recorded performance in the market was -75.16%, having the revenues showcasing 145.70% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 464.23M, as it employees total of 475 workers.

Callon Petroleum Company (CPE) in the eye of market guru’s

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0932, with a change in the price was noted -1.6600. In a similar fashion, Callon Petroleum Company posted a movement of -58.04% for the period of last 100 days, recording 39,495,750 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CPE is recording 0.94 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.94.

Callon Petroleum Company (CPE): Stocks Technical analysis and Trends

Raw Stochastic average of Callon Petroleum Company in the period of last 50 days is set at 31.35%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 7.74%. In the last 20 days, the company’s Stochastic %K was 7.68% and its Stochastic %D was recorded 11.77%.

If we look into the earlier routines of Callon Petroleum Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -75.16%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -75.16%, alongside a downfall of -81.51% for the period of the last 12 months. The shares increased approximately by 0.84% in the 7-day charts and went down by 45.88% in the period of the last 30 days. Common stock shares were driven by 145.70% during last recorded quarter.