Crescent Energy Co. (NYSE: CRGY) is -15.59% lower on its value in year-to-date trading and has touched a low of $9.88 and a high of $14.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRGY stock was last observed hovering at around $11.45 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $11.15, the stock is -0.02% and -4.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.76 million and changing -2.62% at the moment leaves the stock -3.83% off its SMA200. CRGY registered -20.24% loss for a year compared to 6-month loss of -6.54%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 9.42% gain in the last 1 month and extending the period to 3 months gives it a -10.51%, and is -2.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.35% over the week and 2.88% over the month.
Crescent Energy Co. (CRGY) has around 904 employees, a market worth around $1.82B and $2.61B in sales. Current P/E ratio is 1252.81 and Fwd P/E is 5.35. Profit margin for the company is 0.61%. Distance from 52-week low is 12.85% and -20.87% from its 52-week high. The company has generated returns on investments over the last 12 months (0.35%).
The EPS is expected to shrink by -27.31% this year
289.0 institutions hold shares in Crescent Energy Co. (CRGY), with institutional investors hold 66.25% of the company’s shares. The shares outstanding are 163.12M, and float is at 147.72M with Short Float at 9.65%. Institutions hold 62.01% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.76 million shares valued at $139.35 million. The investor’s holdings represent 10.5448 of the CRGY Shares outstanding. As of 2024-06-30, the second largest holder is AMERICAN CENTURY COMPANIES INC with 7.78 million shares valued at $92.14 million to account for 6.9729 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.64 million shares representing 6.8523 and valued at over $90.55 million, while STATE STREET CORP holds 3.4053 of the shares totaling 3.8 million with a market value of $45.0 million.
Crescent Energy Co. (CRGY) Insider Activity
The most recent transaction is an insider purchase by DUGINSKI MICHAEL, the company’s Director. SEC filings show that DUGINSKI MICHAEL bought 9,000 shares of the company’s common stock on Aug 23 ’24 at a price of $11.10 per share for a total of $99900.0. Following the purchase, the insider now owns 0.22 million shares.
Crescent Energy Co. disclosed in a document filed with the SEC on Aug 22 ’24 that DUGINSKI MICHAEL (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Aug 22 ’24 and was made at $11.00 per share for $11000.0. Following the transaction, the insider now directly holds 0.21 million shares of the CRGY stock.
Still, SEC filings show that on Aug 09 ’24, Falk Todd () acquired 1,000 shares at an average price of $10.49 for $10490.0. The insider now directly holds 6,000 shares of Crescent Energy Co. (CRGY).
