Let’s start up with the current stock price of Chesapeake Energy Corporation (CHK), which is $89.82 to be very precise. The Stock rose vividly during the last session to $91.21 after opening rate of $90.33 while the lowest price it went was recorded $88.63 before closing at $90.25.Recently in News on August 2, 2022, CHESAPEAKE ENERGY CORPORATION REPORTS 2022 SECOND QUARTER RESULTS AND ANNOUNCES IT IS SOLIDIFYING ITS STRATEGIC FOCUS ON CORE MARCELLUS AND HAYNESVILLE POSITIONS. Chesapeake Energy Corporation (NASDAQ: CHK) today reported 2022 second quarter financial and operating results and announced the company is taking actions to solidify its strategic focus on its core Marcellus and Haynesville positions. You can read further details here
Chesapeake Energy Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $105.00 on 05/31/22, with the lowest value was $61.45 for the same time period, recorded on 01/24/22.
Chesapeake Energy Corporation (CHK) full year performance was 75.75%
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, Chesapeake Energy Corporation shares are logging -14.46% during the 52-week period from high price, and 83.85% 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 $48.86 and $105.00.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1815100 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 Chesapeake Energy Corporation (CHK) recorded performance in the market was 45.19%, having the revenues showcasing 11.31% 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 11.27B, as it employees total of 1300 workers.
Specialists analysis on Chesapeake Energy Corporation (CHK)
During the last month, 10 analysts gave the Chesapeake Energy Corporation a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 88.16, with a change in the price was noted +8.67. In a similar fashion, Chesapeake Energy Corporation posted a movement of +10.72% for the period of last 100 days, recording 2,174,549 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 CHK is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.52.
Trends and Technical analysis: Chesapeake Energy Corporation (CHK)
Raw Stochastic average of Chesapeake Energy Corporation in the period of last 50 days is set at 52.40%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 71.05%. In the last 20 days, the company’s Stochastic %K was 77.03% and its Stochastic %D was recorded 84.27%.
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 45.19%. Additionally, trading for the stock in the period of the last six months notably improved by 37.41%, alongside a boost of 75.75% for the period of the last 12 months. The shares increased approximately by -2.10% in the 7-day charts and went down by 8.87% in the period of the last 30 days. Common stock shares were driven by 11.31% during last recorded quarter.