The Short-term Rise and Fall of Crescent Energy Co. (CRGY) Stock

A share price of Crescent Energy Co. [CRGY] is currently trading at $12.40, up 11.01%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRGY shares have gain 8.39% over the last week, with a monthly amount glided 8.30%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, JP Morgan started tracking the stock with Neutral rating on September 18, 2024, and set its price target to $12. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $16 as its price target on June 27, 2024. Tudor Pickering Holt & Co. started tracking with a Buy rating for this stock on April 10, 2024, and assigned it a price target of $18. In a note dated January 03, 2024, Mizuho downgraded an Neutral rating on this stock and revised its target price from $18 to $14.

Crescent Energy Co. experienced fluctuations in its stock price throughout the past year between $9.88 and $13.85. Currently, Wall Street analysts expect the stock to reach $16.86 within the next 12 months. Crescent Energy Co. [NYSE: CRGY] shares were valued at $12.40 at the most recent close of the market. An investor can expect a potential return of 35.97% based on the average CRGY price forecast.

Analyzing the CRGY fundamentals

Trailing Twelve Months sales for Crescent Energy Co. [NYSE:CRGY] were 2.61B which represents 32.69% growth. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.14.

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 12.10 points at the first support level, and at 11.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.60, and for the 2nd resistance point, it is at 12.79.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Crescent Energy Co. [NYSE:CRGY] is 1.87. In addition, the Quick Ratio stands at 1.87 and the Cash Ratio stands at 1.1. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 0.65 and price to earnings (TTM) ratio is 1393.26.

Transactions by insiders

Recent insider trading involved Shi Bo,, that happened on Sep 05 ’24 when 950.0 shares were purchased., Falk Todd completed a deal on Sep 05 ’24 to buy 1000.0 shares. Meanwhile, Rockecharlie David C. bought 10000.0 shares on Sep 05 ’24.

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