C&J Energy Services, Inc. (NYSE:CJ) went up by 5.46% from its latest closing price when compared to the 1-year high value of $24.93 and move down -122.59%, while CJ stocks collected -1.23% of loss with the last five trading sessions.
C&J Energy Services, Inc. (NYSE:CJ) Worth an Investment?
C&J Energy Services, Inc. (NYSE:CJ) 8 of the analysts out of 14 who provided ratings for C&J Energy Services, Inc. stocks as a “buy” while 2 as overweight, 4 rated it as hold and 0 as sell. The average price we get from analysts is $18.89 which is $8.16 above current price. CJ currently has a short float of 5.70% and public float of 65.59M with average trading volume of 885.64K shares.
CJ Market Performance
CJ stocks went down by -1.23% for the week, with the monthly drop of -22.44% and a quarterly performance of -31.33%, while its annual performance rate touched -53.85%. The simple moving average for the period of the last 20 days is -11.53% for CJ stocks with the simple moving average of -33.27% for the last 200 days.
Analysts’ Opinion on C&J Energy Services, Inc. (NYSE:CJ)
Many brokerage firms have already submitted their reports for CJ stocks, with Citigroup repeating the rating for CJ shares by setting it to “Buy”. The predicted price for CJ socks in the upcoming period according to Citigroup is $50 based on the research report published on May 13, 2019.
Jefferies, on the other hand, stated in their research note that they expect to see CJ stock at the price of $50. The rating they have provided for CJ stocks is “Hold” according to the report published on January 28, 2019.
Credit Suisse gave “ Neutral” rating to CJ stocks, setting the target price at $50 in the report published on December 19, 2018.
CJ Stocks -19.95% Far from 50 Day Moving Average
After a stumble in the market that brought CJ to its low price for the period of the last 52 weeks, C&J Energy Services, Inc. was unable to take a rebound, for now settling with -55.07% of loss for the given period.
The stock volatility was left at 4.89%, however, within the period of a single month, the volatility rate increased by 5.58%, while the shares sank at the distance of -24.32% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -28.71% lower at the present time.
In the course of the last 5 trading sessions, CJ went down by -1.23%, which changed the moving average for the period of 200 days to the total of -52.94% of losses for the stock in comparison to the 20-day moving average settled at $12.48. In addition, C&J Energy Services, Inc. saw -17.04% in overturn over the period of a single year with a tendency to cut further losses.
CJ Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at C&J Energy Services, Inc. (CJ), starting from Gawick Donald Jeffrey, who bought 7,030 shares at the price of $14.60 back on Dec 14. After this action, Rushing now owns 185,643 shares of C&J Energy Services, Inc., valued at $102,638 with the latest closing price.
CJ Stock Fundamentals
The current profitability levels are settled at +1.83 for the present operating margin and +12.33 for gross margin. The net margin for C&J Energy Services, Inc. stands at -5.85. Total capital return value is set at 3.29, while invested capital returns managed to touch -10.51. Equity return holds the value -13.90%, with -11.20% for asset returns.
The receivables turnover for C&J Energy Services, Inc. is 6.56 with the total asset turnover at the value of 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.17.