Coterra Energy Inc (NYSE:CTRA) shares, rose in value, with the stock price down by -0.08% to the previous day’s close as strong demand from buyers drove the stock to $24.71.
Actively observing the price movement in the recent trading, the stock is buoying the session at $24.73. The PE ratio was 14.42 over 12-month period. Referring to stock’s 52-week performance, its high was $29.95, and the low was $22.30. On the whole, CTRA has fluctuated by 0.61% over the past month.
With the market capitalization of Coterra Energy Inc currently standing at about $18.86 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.86, with its dividend yield at 3.48%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CTRA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.52, with the price of CTRA currently trading nearly 1.27% and -3.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.76, while the 7-day volatility ratio is showing 1.10% which for the 30-day chart, stands at 2.77%. Furthermore, Coterra Energy Inc (CTRA)’s beta value is 0.34, and its average true range (ATR) is 0.72.
A comparison of Coterra Energy Inc (CTRA) with its peers suggests the former has fared considerably weaker in the market. CTRA showed an intraday change of -0.08% in today’s session so far, and over the past year, it shrunk by -10.34%%.
Data on historical trading for Coterra Energy Inc (NYSE:CTRA) indicates that the trading volumes over the past 3 months, they’ve averaged 7.60 million. According to company’s latest data on outstanding shares, there are 764.00 million shares outstanding.
Nearly 1.60% of Coterra Energy Inc’s shares belong to company insiders and institutional investors own 90.97% of the company’s shares. The stock has fallen by -3.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CTRA stock heading into the next quarter.
