With 2.08 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.41 million shares. The 52-week range on CRK shows that it touched its highest point at $23.88 and its lowest point at $7.74 during that stretch. It currently has a 1-year price target of $19.13. Beta for the stock currently stands at 0.29.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRK was up-trending over the past week, with a rise of 9.59%, but this was up by 22.10% over a month. Three-month performance surged to 28.39% while six-month performance rose 80.81%. The stock gained 129.61% in the past year, while it has gained 29.80% so far this year. A look at the trailing 12-month EPS for CRK yields -1.12 with Next year EPS estimates of 1.32. For the next quarter, that number is 0.16. This implies an EPS growth rate of 440.40% for this year and 61.01% for next year.
Float and Shares Shorts:
At present, 292.92 million CRK shares are outstanding with a float of 78.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRK since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.30981 being high and -$0.50695 being low. For CRK, this leads to a yearly average estimate of -$0.38491. Based on analyst estimates, the high estimate for the next quarter is $0.3 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.21.
