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Crescent Point Energy Corp (CPG) Stock: Navigating a Year of Stock Volatility

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Crescent Point Energy Corp’s current trading price is -6.95% away from its 52-week high, while its distance from the 52-week low is 32.27%. The stock’s price range during this period has varied between $6.03 and $8.57. The company, active in the Energy sector, saw a trading volume of around 2.39 million for the day, considerably lower average daily volume of 5.54 million observed over the last three months.

Crescent Point Energy Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $8.57 on 09/05/23, and the lowest price during that time was $6.03, recorded on 02/05/24.

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How Financial Performance Impacts Market Capitalization

Crescent Point Energy Corp (CPG) has experienced a quarterly rise of 14.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.94B and boasts a workforce of 777 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.00, with a change in price of unch. Similarly, Crescent Point Energy Corp recorded 5,257,558 in trading volume during the last 100 days, posting a change of -0.06%.

How CPG’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CPG stands at 0.54. Similarly, the long-term debt-to-equity ratio is also 0.48.

CPG Stock Stochastic Average

As of today, the raw stochastic average of Crescent Point Energy Corp over the past 50 days is 98.24%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 96.28%. Additionally, the Stochastic %K and %D values for the company were 90.84% and 91.66%, respectively, over the past 20 days.

CPG Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 15.09%. However, over the past six months, we’ve seen a weaker performance of 0.79%. The price of CPG fallen by 13.13% over the last 30 days. And in the last five days, it has surged by 1.73%.

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