The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -11.13%.However, over the last six months, we can see a stronger performance of -0.93%. Over the last 30 days, the price of CRGY has leaped by -1.59%. And in the last five days, it has fallen by 0.00%.
Crescent Energy Co.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $14.22 on 09/01/23 and a low of $9.17 for the same time frame on 06/01/23.
52-week price history of CRGY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Crescent Energy Co.’s current trading price is -17.44% away from its 52-week high, while its distance from the 52-week low is 28.03%. The stock’s price range during this period has varied between$9.17 and $14.22. The Crescent Energy Co.’s shares, which operate in the Energy, saw a trading volume of around 3.45 million for the day, a figure considerably higher than their average daily volume of 1.27 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Crescent Energy Co. (CRGY) has experienced a quarterly decline of -7.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.08B and boasts a workforce of 904 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 11.44, with a change in price of +1.13. Similarly, Crescent Energy Co. recorded 1,265,351 in trading volume during the last 100 days, posting a change of +10.65%.
CRGY’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 CRGY stands at 1.00. Similarly, the long-term debt-to-equity ratio is also 1.00.
CRGY Stock Stochastic Average
As of today, Crescent Energy Co.’s raw stochastic average for the last 50 days stands at 75.00%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 82.69%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 66.27% and 64.89%, respectively.
