Let’s start up with the current stock price of Crescent Point Energy Corp. (CPG), which is $3.88 to be very precise. The Stock rose vividly during the last session to $3.93 after opening rate of $3.50 while the lowest price it went was recorded $3.50 before closing at $3.40.Recently in News on September 13, 2021, Crescent Point Increases Fourth Quarter Dividend and Announces Preliminary 2022 Outlook. Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX: CPG) and (NYSE: CPG) has approved an increase to the Company’s quarterly dividend as a result of significant progress made on improving its balance sheet strength and sustainability. Crescent Point is also pleased to announce its preliminary 2022 budget, which is expected to generate significant excess cash flow that leads to additional balance sheet strength and the opportunity to create further shareholder value. You can read further details here
Crescent Point Energy Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.86 on 06/07/21, with the lowest value was $2.31 for the same time period, recorded on 01/04/21.
Crescent Point Energy Corp. (CPG) full year performance was 179.14%
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, Crescent Point Energy Corp. shares are logging -20.08% during the 52-week period from high price, and 269.52% 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 $1.05 and $4.86.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 5085031 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Crescent Point Energy Corp. (CPG) recorded performance in the market was 65.81%, having the revenues showcasing -15.65% 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 2.88B, as it employees total of 735 workers.
Market experts do have their say about Crescent Point Energy Corp. (CPG)
During the last month, 9 analysts gave the Crescent Point Energy Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.92, with a change in the price was noted +0.22. In a similar fashion, Crescent Point Energy Corp. posted a movement of +6.01% for the period of last 100 days, recording 3,699,902 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 CPG is recording 0.50 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.44.
Technical breakdown of Crescent Point Energy Corp. (CPG)
Raw Stochastic average of Crescent Point Energy Corp. in the period of last 50 days is set at 60.75%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.76%. In the last 20 days, the company’s Stochastic %K was 77.99% and its Stochastic %D was recorded 73.70%.
Bearing in mind the latest performance of Crescent Point Energy Corp., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 65.81%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -14.35%, alongside a boost of 179.14% for the period of the last 12 months. The shares increased approximately by 7.78% in the 7-day charts and went down by 8.08% in the period of the last 30 days. Common stock shares were lifted by -15.65% during last recorded quarter.