Crescent Point Energy Corp. (NYSE:CPG) went up by 6.04% from its latest closing price compared to the recent 1-year high of $3.78. The company’s stock price has collected 19.50% of gains in the last five trading sessions. Press Release reported on 02/17/21 that (PR) Crescent Point Announces Accretive Acquisition of Kaybob Duvernay Assets for $900 Million and Enhanced Free Cash Flow
Is It Worth Investing in Crescent Point Energy Corp. (NYSE :CPG) Right Now?
Opinions of the stock are interesting as 5 analysts out of 13 who provided ratings for Crescent Point Energy Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $4.23. CPG currently public float of 528.92M and currently shorts hold a 2.45% ratio of that float. Today, the average trading volume of CPG was 3.68M shares.
CPG’s Market Performance
CPG stocks went up by 19.50% for the week, with a monthly jump of 22.15% and a quarterly performance of 133.94%, while its annual performance rate touched 21.38%. The volatility ratio for the week stands at 6.03% while the volatility levels for the past 30 days are set at 5.74% for Crescent Point Energy Corp.. The simple moving average for the period of the last 20 days is 23.72% for CPG stocks with a simple moving average of 106.17% for the last 200 days.
CPG Trading at 38.71% from the 50-Day Moving Average
After a stumble in the market that brought CPG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.12% of gains for the given period.
Volatility was left at 5.74%, however, over the last 30 days, the volatility rate increased by 6.03%, as shares surge +28.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.83% upper at present.
During the last 5 trading sessions, CPG rose by +19.50%, which changed the moving average for the period of 200-days by +199.22% in comparison to the 20-day moving average, which settled at $3.16. In addition, Crescent Point Energy Corp. saw 64.96% in overturn over a single year, with a tendency to cut further gains.