Chord Energy Corp (NASDAQ:CHRD) shares, rose in value, with the stock price up by 3.95% to the previous day’s close as strong demand from buyers drove the stock to $94.43.
Actively observing the price movement in the last trading, the stock closed the session at $90.84, falling within a range of $92.41 and $95.18. The value of beta (5-year monthly) was 0.827 whereas the PE ratio was 5.93 over 12-month period. Referring to stock’s 52-week performance, its high was $186.15, and the low was $79.83. On the whole, CHRD has fluctuated by -15.02% over the past month.
With the market capitalization of Chord Energy Corp currently standing at about $5.62 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24. The company’s Forward Dividend Ratio is 8.20, with its dividend yield at 8.68%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.67B, with a low estimate of 1.06B and a high estimate of 1.47B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.17B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CHRD’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CHRD currently trading nearly -5.54% and -10.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.84, while the 7-day volatility ratio is showing 4.56% which for the 30-day chart, stands at 5.47%. Furthermore, Chord Energy Corp (CHRD)’s beta value is 1.07, and its average true range (ATR) is 5.71.
A comparison of Chord Energy Corp (CHRD) with its peers suggests the former has fared considerably weaker in the market. CHRD showed an intraday change of 3.95% in last session, and over the past year, it shrunk by -47.72%%.
Data on historical trading for Chord Energy Corp (NASDAQ:CHRD) indicates that the trading volumes over the past 10 days have averaged 1.3 and over the past 3 months, they’ve averaged 986.75K. According to company’s latest data on outstanding shares, there are 60.07 million shares outstanding.
Nearly 1.69% of Chord Energy Corp’s shares belong to company insiders and institutional investors own 92.29% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.31 million shares as on 2025-03-31, resulting in a short ratio of 2.25. According to the data, the short interest in Chord Energy Corp (CHRD) stood at 436.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.17 million. The stock has fallen by -19.24% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CHRD stock heading into the next quarter.
