Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 6.94%. However, over the last six months, the performance has been weaker by 4.56%. The price of CTRA increased 3.65% over the last 30 days. And in the last five days, it has surged by 3.29%.
Coterra Energy Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $29.89 on 10/18/23, while the lowest price for the same period was registered at $22.66 on 03/24/23.
52-week price history of CTRA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Coterra Energy Inc’s current trading price is -8.70% away from its 52-week high, while its distance from the 52-week low is 20.46%. The stock’s price range during this period has varied between$22.66 and $29.89. The Coterra Energy Inc’s shares, which operate in the Energy, saw a trading volume of around 6.92 million for the day, a figure considerably higher than their average daily volume of 6.89 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Coterra Energy Inc (CTRA) has experienced a quarterly rise of 8.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.52B and boasts a workforce of 894 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.80, with a change in price of -0.41. Similarly, Coterra Energy Inc recorded 7,023,171 in trading volume during the last 100 days, posting a change of -1.48%.
CTRA’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CTRA stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.14.
CTRA Stock Stochastic Average
As of today, Coterra Energy Inc’s raw stochastic average for the last 50 days stands at 92.83%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 87.12%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 90.59% and 92.50%, respectively.
