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 -1.00% away from its 52-week high, while its distance from the 52-week low is 28.30%. The stock’s price range for this period has been between $22.30 and $28.90 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 11.76 million for the day, a number notably higher than the average daily volume of 6.03 million over the last three months.
Coterra Energy Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $28.90 on 04/04/24, while the lowest value for the same period was recorded at $22.30 on 09/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coterra Energy Inc (CTRA) has experienced a quarterly rise of 16.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.07B 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 24.62, with a change in price of +4.11. Similarly, Coterra Energy Inc recorded 5,974,451 in trading volume during the last 100 days, posting a change of +16.78%.
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 0.18. Similarly, the long-term debt-to-equity ratio is also 0.17.
CTRA Stock Stochastic Average
As of today, Coterra Energy Inc’s raw stochastic average for the last 50 days stands at 99.50%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 99.42%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 95.61% and 95.43%, respectively.
CTRA 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. The metric has seen a significant gain of 12.02% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 5.57%. Over the past 30 days, the price of CTRA has fallen by 15.32%. And in the last five days, it has surged by 9.03%.
