Let’s start up with the current stock price of Callon Petroleum Company (CPE), which is $53.82 to be very precise. The Stock rose vividly during the last session to $54.936 after opening rate of $54.82 while the lowest price it went was recorded $52.05 before closing at $56.13.Recently in News on October 5, 2021, Callon Petroleum Company Completes the Acquisition of Primexx Delaware Basin Assets. Announces Non-Core Eagle Ford Divestiture for $100 Million. You can read further details here
Callon Petroleum Company had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $61.49 on 10/11/21, with the lowest value was $12.22 for the same time period, recorded on 01/25/21.
Callon Petroleum Company (CPE) full year performance was 1018.92%
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 -12.47% during the 52-week period from high price, and 1096.00% 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 $4.50 and $61.49.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 2203164 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 Callon Petroleum Company (CPE) recorded performance in the market was 308.97%, having the revenues showcasing 17.38% 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 2.91B, as it employees total of 303 workers.
Specialists analysis on Callon Petroleum Company (CPE)
During the last month, 3 analysts gave the Callon Petroleum Company a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 11 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 42.94, with a change in the price was noted +17.14. In a similar fashion, Callon Petroleum Company posted a movement of +46.73% for the period of last 100 days, recording 1,842,069 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 3.78 at the time of this writing. In addition, long term Debt to Equity ratio is set at 3.78.
Trends and Technical analysis: Callon Petroleum Company (CPE)
Raw Stochastic average of Callon Petroleum Company in the period of last 50 days is set at 78.79%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 71.84%. In the last 20 days, the company’s Stochastic %K was 79.23% and its Stochastic %D was recorded 85.76%.
Now, considering the stocks previous presentation, multiple 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 308.97%. Additionally, trading for the stock in the period of the last six months notably improved by 48.84%, alongside a boost of 1018.92% for the period of the last 12 months. The shares increased approximately by -1.99% in the 7-day charts and went down by 59.09% in the period of the last 30 days. Common stock shares were driven by 17.38% during last recorded quarter.