The stock of Coterra Energy Inc (NYSE:CTRA) last traded at $27.56, down -3.43% from the previous session.
CTRA stock price is now 3.10% away from the 50-day moving average and 6.59% away from the 200-day moving average. The market capitalization of the company currently stands at $20.30B.
With the price target enhanced from $25 to $29, ROTH MKM Upgraded its rating from Neutral to Buy for Coterra Energy Inc (NYSE: CTRA). , while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Smith Kevin William, SVP & Chief Technology Officer sold 29,643 shares of the company’s stock on Dec 03 ’24. The stock was sold for $775,461 at an average price of $26.16. Upon completion of the transaction, the SVP & Chief Technology Officer now directly owns 77,075 shares in the company, valued at $2.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Officer Smith Kevin William bought 29,643 shares of the business’s stock. A total of $775,377 was incurred on buying the stock at an average price of $26.16. A total of 1.86% of the company’s stock is owned by insiders.
During the past 12 months, Coterra Energy Inc has had a low of $22.30 and a high of $29.95. As of last week, the company has a debt-to-equity ratio of 0.18, a current ratio of 1.61, and a quick ratio of 1.56. According to the stock market information, the enterprise value for the company is $21828055040, which is based on a 16.74 price-to-earnings ratio, a 0.90 price-to-earnings-growth ratio, and a beta of 0.24. The fifty day moving average price for CTRA is $26.7132 and a two-hundred day moving average price translates $25.86125 for the stock.
The latest earnings results from Coterra Energy Inc (NYSE: CTRA) was released for 2024-09-30. The net profit margin was 22.47% and return on equity was 9.60% for CTRA. The company reported revenue of $1.36 billion for the quarter, compared to $1.36 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.22 percent.
