A share price of Comstock Resources, Inc [CRK] is currently trading at $18.39, up 4.02%. 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 7.61% over the last week, with a monthly amount glided 23.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Comstock Resources, Inc [NYSE: CRK] stock has seen the most recent analyst activity on December 16, 2024, when Mizuho upgraded its rating to a Neutral and also boosted its price target to $18 from $10. Previously, BofA Securities started tracking the stock with Buy rating on October 28, 2024, and set its price target to $14. On October 15, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $9 on the stock. Piper Sandler downgraded its rating to a Underweight and decreased its price target to $5 on August 15, 2024. Wolfe Research initiated its recommendation with a Peer Perform. CapitalOne downgraded its rating to Equal Weight for this stock on May 15, 2024. In a note dated January 09, 2024, Pickering Energy Partners upgraded an Neutral rating on this stock.
Comstock Resources, Inc experienced fluctuations in its stock price throughout the past year between $7.07 and $19.25. Currently, Wall Street analysts expect the stock to reach $8.67 within the next 12 months. Comstock Resources, Inc [NYSE: CRK] shares were valued at $18.39 at the most recent close of the market. An investor can expect a potential drop of -52.85% based on the average CRK price forecast.
Analyzing the CRK fundamentals
Trailing Twelve Months sales for Comstock Resources, Inc [NYSE:CRK] were 1.29B which represents -19.18% decline. Gross Profit Margin for this corporation currently stands at -0.07% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.28.
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 18.06 points at the first support level, and at 17.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.62, and for the 2nd resistance point, it is at 18.84.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Comstock Resources, Inc [NYSE:CRK] is 0.60. As well, the Quick Ratio is 0.60, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 3.93, the price to book ratio is 2.34.
Transactions by insiders
Recent insider trading involved Davis Elizabeth B, Director, that happened on Dec 30 ’24 when 8000.0 shares were sold. Director, Davis Elizabeth B completed a deal on Dec 27 ’24 to sell 10000.0 shares. Meanwhile, Director Davis Elizabeth B sold 6149.0 shares on Dec 24 ’24.
