In Thursday’s Wall Street session, Crescent Energy Co (NYSE:CRGY) shares traded at $12.78, down -5.12% from the previous session.
CRGY stock price is now -14.47% away from the 50-day moving average and -1.42% away from the 200-day moving average. The market capitalization of the company currently stands at $3.30B.
, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, Shi Bo, insider bought 950 shares of the company’s stock on Sep 05 ’24. The stock was bought for $10,574 at an average price of $11.13. Upon completion of the transaction, the insider now directly owns 45,811 shares in the company, valued at $0.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05 ’24, Falk Todd bought 1,000 shares of the business’s stock. A total of $11,240 was incurred on buying the stock at an average price of $11.24. This leaves the insider owning 7,000 shares of the company worth $89460.0. A total of 5.68% of the company’s stock is owned by insiders.
During the past 12 months, Crescent Energy Co has had a low of $9.88 and a high of $16.94. As of last week, the company has a debt-to-equity ratio of 0.98, a current ratio of 0.95, and a quick ratio of 0.95.
The net profit margin was -3.91% and return on equity was -4.74% for CRGY. The company reported revenue of $875.29 million for the quarter, compared to $657.73 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 33.08 percent.
