The price of Civitas Resources Inc (NYSE:CIVI) shares last traded on Wall Street fell -0.32% to $31.33.
CIVI stock price is now 9.97% away from the 50-day moving average and -27.74% away from the 200-day moving average. The market capitalization of the company currently stands at $2.90B.
With the price target maintained at $40, RBC Capital Mkts recently Downgraded its rating from Outperform to Sector Perform for Civitas Resources Inc (NYSE: CIVI). On May 15, 2025, Roth Capital Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $34, while ‘BMO Capital Markets’ rates the stock as ‘Market Perform’
In other news, Carrell Clayton A., President & COO bought 31,010 shares of the company’s stock on May 09 ’25. The stock was bought for $875,074 at an average price of $28.22. Upon completion of the transaction, the President & COO now directly owns 89,487 shares in the company, valued at $2.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’25, Director Willard Howard A. bought 7,000 shares of the business’s stock. A total of $193,690 was incurred on buying the stock at an average price of $27.67. This leaves the insider owning 39,805 shares of the company worth $1.25 million. A total of 5.59% of the company’s stock is owned by insiders.
During the past 12 months, Civitas Resources Inc has had a low of $22.79 and a high of $72.63. As of last week, the company has a debt-to-equity ratio of 0.76, a current ratio of 0.52, and a quick ratio of 0.52.
The net profit margin was 16.74% and return on equity was 12.73% for CIVI.
