The stock of Comstock Resources, Inc. (NYSE:CRK) last traded at $9.90, up 2.70% from the previous session.
CRK stock price is now 19.82% away from the 50-day moving average and -3.69% away from the 200-day moving average. The market capitalization of the company currently stands at $2.77B.
, while ‘Siebert Williams Shank’ rates the stock as ‘Hold’
In other news, Blue Star Exploration Corp, 10% Owner bought 12,500,000 shares of the company’s stock on Mar 25 ’24. The stock was bought for $100,450,000 at an average price of $8.04. Upon completion of the transaction, the 10% Owner now directly owns 194,821,429 shares in the company, valued at $1.93 billion. A total of 71.80% of the company’s stock is owned by insiders.
During the past 12 months, Comstock Resources, Inc. has had a low of $7.07 and a high of $13.39. As of last week, the company has a debt-to-equity ratio of 1.15, a current ratio of 0.68, and a quick ratio of 0.68. According to the stock market information, the enterprise value for the company is $5.51B, which is based on a 12.97 price-to-earnings ratio, a 0.65 price-to-earnings-growth ratio, and a beta of 0.73. The fifty day moving average price for CRK is $8.26 and a two-hundred day moving average price translates $10.28 for the stock.
The latest earnings results from Comstock Resources, Inc. (NYSE: CRK) was released for Dec, 2023. According to the Oil & Gas E&P Company, earnings per share came in at $0.1, missing analysts’ expectations of $0.13 by -0.03. This compares to $1.97 EPS in the same period last year. The net profit margin was 13.53% and return on equity was 9.11% for CRK. The company reported revenue of $410.58 million for the quarter, compared to $966.96 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -57.54 percent. For the current quarter, analysts expect CRK to generate $357.94M in revenue.
