Cimarex Energy Co. (NYSE:XEC) went up by 9.63% from its latest closing price compared to the recent 1-year high of $54.36. The company’s stock price has collected 6.32% of gains in the last five trading sessions. Press Release reported on 02/22/21 that Cimarex Announces 2021 Capital Investment Plans and Production and Expense Guidance
Is It Worth Investing in Cimarex Energy Co. (NYSE :XEC) Right Now?
Plus, the 36-month beta value for XEC is at 2.58. Opinions of the stock are interesting as 23 analysts out of 28 who provided ratings for Cimarex Energy Co. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
The average price from analysts is $58.36, which is -$0.81 below the current price. XEC currently public float of 99.83M and currently shorts hold a 2.98% ratio of that float. Today, the average trading volume of XEC was 1.27M shares.
XEC’s Market Performance
XEC stocks went up by 6.32% for the week, with a monthly jump of 28.63% and a quarterly performance of 64.37%, while its annual performance rate touched 44.76%. The volatility ratio for the week stands at 7.55% while the volatility levels for the past 30 days are set at 5.44% for Cimarex Energy Co.. The simple moving average for the period of the last 20 days is 19.08% for XEC stocks with a simple moving average of 78.77% for the last 200 days.
Analysts’ Opinion of XEC
Many brokerage firms have already submitted their reports for XEC stocks, with Scotiabank repeating the rating for XEC by listing it as a “Sector Perform.” The predicted price for XEC in the upcoming period, according to Scotiabank is $50 based on the research report published on February 01st of the current year 2021.
Goldman, on the other hand, stated in their research note that they expect to see XEC reach a price target of $48, previously predicting the price at $46. The rating they have provided for XEC stocks is “Buy” according to the report published on December 16th, 2020.
Truist gave a rating of “Hold” to XEC, setting the target price at $40 in the report published on December 10th of the previous year.
XEC Trading at 29.02% from the 50-Day Moving Average
After a stumble in the market that brought XEC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 4.89% of gains for the given period.
Volatility was left at 5.44%, however, over the last 30 days, the volatility rate increased by 7.55%, as shares surge +25.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.64% upper at present.
During the last 5 trading sessions, XEC rose by +6.32%, which changed the moving average for the period of 200-days by +138.68% in comparison to the 20-day moving average, which settled at $48.47. In addition, Cimarex Energy Co. saw 52.01% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at XEC starting from HENTSCHEL DAVID A, who sale 10,000 shares at the price of $38.01 back on Dec 15. After this action, HENTSCHEL DAVID A now owns 20,505 shares of Cimarex Energy Co., valued at $380,102 using the latest closing price.
SULLIVAN MICHAEL J/CO, the Director Emeritus of Cimarex Energy Co., sale 2,414 shares at $39.07 during a trade that took place back on Dec 14, which means that SULLIVAN MICHAEL J/CO is holding 14,852 shares at $94,317 based on the most recent closing price.
Stock Fundamentals for XEC
Current profitability levels for the company are sitting at:
- +25.37 for the present operating margin
- +36.85 for the gross margin
The net margin for Cimarex Energy Co. stands at -5.34. The total capital return value is set at 11.17, while invested capital returns managed to touch -2.37. Equity return is now at value -94.20, with -40.30 for asset returns.
Based on Cimarex Energy Co. (XEC), the company’s capital structure generated 61.83 points at debt to equity in total, while total debt to capital is 38.21. Total debt to assets is 31.67, with long-term debt to equity ratio resting at 61.19. Finally, the long-term debt to capital ratio is 36.97.
When we switch over and look at the enterprise to sales, we see a ratio of 3.15, with the company’s debt to enterprise value settled at 0.30. The receivables turnover for the company is 5.23 and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.