Comstock Resources, Inc. [CRK] stock is trading at $10.55, up 0.67%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRK shares have gain 1.64% over the last week, with a monthly amount drifted -10.14%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Comstock Resources, Inc. [NYSE: CRK] stock has seen the most recent analyst activity on May 15, 2024, when CapitalOne downgraded its rating to a Equal Weight. Previously, Pickering Energy Partners upgraded its rating to Neutral on January 09, 2024. On January 03, 2024, downgrade downgraded it’s rating to Underperform. Siebert Williams Shank started tracking the stock assigning a Hold rating and suggested a price target of $10 on December 19, 2023. Johnson Rice downgraded its rating to a Hold. Citigroup upgraded its rating to Neutral for this stock on April 20, 2023, and upped its price target to $12. In a note dated January 10, 2023, Mizuho downgraded an Neutral rating on this stock and revised its target price from $21 to $17.
Comstock Resources, Inc. [CRK] stock has fluctuated between $7.07 and $13.39 over the past year. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Comstock Resources, Inc. [NYSE: CRK] shares were valued at $10.55 at the most recent close of the market. An investor can expect a potential return of 42.18% based on the average CRK price forecast.
Analyzing the CRK fundamentals
Comstock Resources, Inc. [NYSE:CRK] reported sales of 1.41B for the trailing twelve months, which represents a drop of -31.42%. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.41 points at the first support level, and at 10.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.68, and for the 2nd resistance point, it is at 10.81.
Ratios To Look Out For
For context, Comstock Resources, Inc.’s Current Ratio is 0.64. In addition, the Quick Ratio stands at 0.64 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 2.19, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 48.11.
Transactions by insiders
Recent insider trading involved Blue Star Exploration Corp, 10% Owner, that happened on Mar 25 ’24 when 12.5 million shares were purchased.
