The price of Coterra Energy Inc (NYSE:CTRA) shares last traded on Wall Street fell -1.00% to $28.72.
CTRA stock price is now 2.96% away from the 50-day moving average and 11.30% away from the 200-day moving average. The market capitalization of the company currently stands at $21.95B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $34 to $37, Johnson Rice Upgraded its rating from Hold to Accumulate for Coterra Energy Inc (NYSE: CTRA). On August 27, 2024, ROTH MKM Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $25 to quote $29, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Smith Kevin William, SVP & Chief Technology Officer sold 25,733 shares of the company’s stock on Mar 19 ’25. The stock was sold for $748,444 at an average price of $29.09. Upon completion of the transaction, the SVP & Chief Technology Officer now directly owns 106,114 shares in the company, valued at $3.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 19 ’25, Officer Smith Kevin William bought 25,733 shares of the business’s stock. A total of $748,444 was incurred on buying the stock at an average price of $29.09. A total of 1.90% of the company’s stock is owned by insiders.
During the past 12 months, Coterra Energy Inc has had a low of $22.30 and a high of $29.95. As of last week, the company has a debt-to-equity ratio of 0.29, a current ratio of 2.92, and a quick ratio of 2.88.
The net profit margin was 20.51% and return on equity was 8.56% for CTRA. The company reported revenue of $1.4 billion for the quarter, compared to $1.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.59 percent.
