Chesapeake Energy Corp. (NASDAQ: CHK) is -8.48% lower on its value in year-to-date trading and has touched a low of $69.42 and a high of $93.44 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 CHK stock was last observed hovering at around $70.84 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $70.31, the stock is -3.28% and -8.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.24 million and changing -0.75% at the moment leaves the stock -13.69% off its SMA200. CHK registered -19.65% loss for a year compared to 6-month loss of -14.13%.
The stock witnessed a -2.93% gain in the last 1 month and extending the period to 3 months gives it a -20.36%, and is -5.61% 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 3.07% over the week and 2.20% over the month.
Chesapeake Energy Corp. (CHK) has around 1000 employees, a market worth around $9.23B and $3.93B in sales. Current P/E ratio is 23.71 and Fwd P/E is 11.48. Profit margin for the company is 11.14%. Distance from 52-week low is 1.28% and -24.75% from its 52-week high. The company has generated returns on investments over the last 12 months (3.53%).
The EPS is expected to shrink by -71.91% this year.
Chesapeake Energy Corp. (CHK) Top Institutional Holders
658.0 institutions hold shares in Chesapeake Energy Corp. (CHK), with institutional investors hold 116.91% of the company’s shares. The shares outstanding are 130.79M, and float is at 108.37M with Short Float at 18.94%. Institutions hold 111.25% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.69 million shares valued at $1.04 billion. The investor’s holdings represent 9.6738% of the CHK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKSTONE INC. with 12.69 million shares valued at $1.04 billion to account for 9.6723 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 11.46 million shares representing 8.7346% and valued at over $941.66 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 8.6916 of the shares totaling 11.4 million with a market value of $937.02 million.
Chesapeake Energy Corp. (CHK) Insider Activity
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