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. Coterra Energy Inc’s current trading price is -20.10% away from its 52-week high, while its distance from the 52-week low is 7.31%. The stock’s price range during this period has varied between $22.30 and $29.95. The company, active in the Energy sector, saw a trading volume of around 9.1 million for the day, considerably higher average daily volume of 7.63 million observed over the last three months.
The current stock price for Coterra Energy Inc (CTRA) is $23.93. The stock experienced a significant increase during the last trading session, reaching $40.0 after opening at $23.93. It dipped to a low of $26.0 before ultimately closing at $23.7.
The market performance of Coterra Energy Inc has been somewhat unstable.
How Financial Performance Impacts Market Capitalization
Coterra Energy Inc (CTRA) has experienced a quarterly decline of -6.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.26B and boasts a workforce of 915 employees.
Decoding Analysts’ Ratings for Coterra Energy Inc
As of right now, 13 analysts are rating Coterra Energy Inc as a BUY, 7 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 25.57, with a change in price of -2.95. Similarly, Coterra Energy Inc recorded 7,434,373 in trading volume during the last 100 days, posting a change of -10.97%.
How CTRA’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 CTRA stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.31.
CTRA Stock Stochastic Average
As of today, the raw stochastic average of Coterra Energy Inc over the past 50 days is 21.80%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 35.06%. Additionally, the Stochastic %K and %D values for the company were 37.81% and 42.74%, respectively, over the past 20 days.
CTRA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant loss of -7.25% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -13.67%. Over the past 30 days, the price of CTRA has leaped by -5.11%. And in the last five days, it has surged by 0.50%.
