Crescent Energy Co. (NYSE:CRGY) price is hovering lower on Tuesday, June 18, dropping -1.34% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $11.91. Taking into account the 52-week price action we note that the stock hit a 52-week high of $14.22 and 52-week low of $9.60. The stock subtracted -2.25% on its value in the past month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Crescent Energy Co., which has a market valuation of $1.31 billion. The company stock has a Forward Dividend ratio of 0.48, while the dividend yield is 4.09%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give CRGY a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that CRGY’s price is at present -4.50% off the SMA20 and -0.17% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 42.03, with weekly volatility standing at 3.25%. The indicator jumps to 3.19% when calculated based on the past 30 days. Crescent Energy Co. (NYSE:CRGY)’s beta value is holding at 1.16, while the average true range (ATR) indicator is currently reading 0.38.
An analysis of the Crescent Energy Co. (NYSE:CRGY) stock in terms of its daily trading volume indicates that the 3-month average is 2.07 million.
Current records show that the company has 111.52M in outstanding shares. The insiders’ percentage holdings are 9.18% of outstanding shares while the percentage share held by institutions stands at 67.72%. But the -11.05% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
