The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Coterra Energy Inc’s current trading price is -6.26% away from its 52-week high, while its distance from the 52-week low is 22.30%. The stock’s price range for this period has been between $22.91 and $29.89 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 6.77 million for the day, a number notably lower than the average daily volume of 7.13 million over the last three months.
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 $22.91 on 06/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coterra Energy Inc (CTRA) has experienced a quarterly rise of 9.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.05B and boasts a workforce of 894 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.86, with a change in price of +1.05. Similarly, Coterra Energy Inc recorded 6,778,390 in trading volume during the last 100 days, posting a change of +3.89%.
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 CTRA stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.14.
CTRA Stock Stochastic Average
Coterra Energy Inc’s raw stochastic average for the past 50 days is presently 82.98%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 70.76%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 77.85% and 85.41%, respectively.
CTRA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 9.80% this year. Over the last six months, there has been a weaker performance of 7.32%. The price of CTRA fallen by 7.11% during the last 30 days period. For the last 5-days stocks have improved 0.04%.
