The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Callon Petroleum Co.’s current trading price is -13.54% away from its 52-week high, while its distance from the 52-week low is 24.95%. The stock’s price range for this period has been between $28.62 and $41.36 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 30.36 million for the day, a number notably higher than the average daily volume of 1.66 million over the last three months.
Callon Petroleum Co.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $41.36 on 09/05/23 and a low of $28.62 for the same time frame on 12/12/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Callon Petroleum Co. (CPE) has experienced a quarterly rise of 6.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.38B and boasts a workforce of 281 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 32.52, with a change in price of -1.32. Similarly, Callon Petroleum Co. recorded 2,028,602 in trading volume during the last 100 days, posting a change of -3.56%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CPE stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.48.
CPE Stock Stochastic Average
Callon Petroleum Co.’s raw stochastic average for the past 50 days is presently 91.55%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 90.16%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 76.76% and 79.07%, respectively.
CPE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 10.37%. However, over the past six months, we’ve seen a stronger performance of -9.95%. The price of CPE fallen by 14.54% over the last 30 days. And in the last five days, it has surged by 1.30%.
