The price of Crescent Energy Co (NYSE:CRGY) shares last traded on Wall Street rose 4.19% to $13.68.
CRGY stock price is now 0.22% away from the 50-day moving average and 12.81% away from the 200-day moving average. The market capitalization of the company currently stands at $3.61B.
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, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Shi Bo, insider bought 950 shares of the company’s stock on Sep 05 ’24. The stock was bought for $10,574 at an average price of $11.13. Upon completion of the transaction, the insider now directly owns 45,811 shares in the company, valued at $0.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05 ’24, Falk Todd bought 1,000 shares of the business’s stock. A total of $11,240 was incurred on buying the stock at an average price of $11.24. This leaves the insider owning 7,000 shares of the company worth $95760.0. A total of 6.49% of the company’s stock is owned by insiders.
During the past 12 months, Crescent Energy Co has had a low of $9.88 and a high of $15.54. As of last week, the company has a debt-to-equity ratio of 1.19, a current ratio of 0.93, and a quick ratio of 0.93. According to the stock market information, the enterprise value for the company is $6653506560, which is based on a 22.32 price-to-earnings ratio, a 0.80 price-to-earnings-growth ratio, and a beta of 1.22. The fifty day moving average price for CRGY is $13.6494 and a two-hundred day moving average price translates $12.1269 for the stock.
The latest earnings results from Crescent Energy Co (NYSE: CRGY) was released for 2024-09-30. The net profit margin was 2.17% and return on equity was 2.64% for CRGY. The company reported revenue of $744.87 million for the quarter, compared to $642.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.95 percent.
