Comstock Resources, Inc. [CRK] stock prices are down -0.08% to $12.00 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRK shares have gain 4.80% over the last week, with a monthly amount glided 9.79%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Comstock Resources, Inc. [NYSE: CRK] stock has seen the most recent analyst activity on October 15, 2024, when Siebert Williams Shank downgraded its rating to a Sell but kept the price target unchanged to $9 for it. Previously, Piper Sandler downgraded its rating to Underweight on August 15, 2024, and dropped its price target to $5. On July 18, 2024, Wolfe Research initiated with a Peer Perform rating. CapitalOne downgraded its rating to a Equal Weight. Pickering Energy Partners upgraded its rating to a Neutral. Mizuho downgraded its rating to Underperform for this stock on January 03, 2024. In a note dated December 19, 2023, Siebert Williams Shank initiated an Hold rating and provided a target price of $10 on this stock.
The stock price of Comstock Resources, Inc. [CRK] has been fluctuating between $7.07 and $13.39 over the past year. Currently, Wall Street analysts expect the stock to reach $9.25 within the next 12 months. Comstock Resources, Inc. [NYSE: CRK] shares were valued at $12.00 at the most recent close of the market. An investor can expect a potential drop of -22.92% based on the average CRK price forecast.
Analyzing the CRK fundamentals
The Comstock Resources, Inc. [NYSE:CRK] reported sales of 1.37B for trailing twelve months, representing a drop of -14.36%. Gross Profit Margin for this corporation currently stands at 0.02% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.04%, 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 -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.
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 11.81 points at the first support level, and at 11.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.15, and for the 2nd resistance point, it is at 12.31.
Ratios To Look Out For
It’s worth pointing out that Comstock Resources, Inc. [NYSE:CRK]’s Current Ratio is 0.59. As well, the Quick Ratio is 0.59, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 2.57, the price to book ratio is 1.51.
Transactions by insiders
Recent insider trading involved Arkoma Drilling, L.P., 10% Owner, that happened on Aug 23 ’24 when 1.04 million shares were purchased. 10% Owner, Arkoma Drilling, L.P. completed a deal on Aug 26 ’24 to buy 0.59 million shares. Meanwhile, 10% Owner Arkoma Drilling, L.P. bought 80092.0 shares on Aug 27 ’24.
