In Thursday’s Wall Street session, Coterra Energy Inc (NYSE:CTRA) shares traded at $26.40, down -1.75% from the previous session.
CTRA stock price is now -2.79% away from the 50-day moving average and 2.14% away from the 200-day moving average. The market capitalization of the company currently stands at $20.17B.
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 $2.03 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 2.00% 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 0.29, a current ratio of 2.92, and a quick ratio of 2.88.
The net profit margin was 20.51% and return on equity was 8.56% for CTRA. The company reported revenue of $1.4 billion for the quarter, compared to $1.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.59 percent.
