Cimarex Energy Co. (NYSE:XEC) went down by -0.88% from its latest closing price compared to the recent 1-year high of $76.39. The company’s stock price has collected -14.64% of loss in the last five trading sessions. Barron’s reported on 07/16/21 that Verso and SentinelOne See Activist Action
Is It Worth Investing in Cimarex Energy Co. (NYSE :XEC) Right Now?
Plus, the 36-month beta value for XEC is at 2.60. Opinions of the stock are interesting as 11 analysts out of 25 who provided ratings for Cimarex Energy Co. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 12 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $83.82, which is $19.93 above the current price. XEC currently public float of 92.16M and currently shorts hold a 2.64% ratio of that float. Today, the average trading volume of XEC was 1.40M shares.
XEC’s Market Performance
XEC stocks went down by -14.64% for the week, with a monthly drop of -2.91% and a quarterly performance of 4.68%, while its annual performance rate touched 155.56%. The volatility ratio for the week stands at 4.62% while the volatility levels for the past 30 days are set at 3.97% for Cimarex Energy Co.. The simple moving average for the period of the last 20 days is -11.07% for XEC stocks with a simple moving average of 20.62% 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 Underperform.” The predicted price for XEC in the upcoming period, according to Scotiabank is $71 based on the research report published on July 15th of the current year 2021.
Morgan Stanley gave a rating of “Equal-Weight” to XEC, setting the target price at $68 in the report published on June 18th of the current year.
XEC Trading at -10.46% 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 unable to rebound, for now settling with -17.80% of loss for the given period.
Volatility was left at 3.97%, however, over the last 30 days, the volatility rate increased by 4.62%, as shares sank -7.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.14% lower at present.
During the last 5 trading sessions, XEC fell by -14.64%, which changed the moving average for the period of 200-days by +168.56% in comparison to the 20-day moving average, which settled at $70.34. In addition, Cimarex Energy Co. saw 67.40% 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 ALBI JOSEPH R, who sale 7,500 shares at the price of $65.00 back on Mar 15. After this action, ALBI JOSEPH R now owns 88,313 shares of Cimarex Energy Co., valued at $487,500 using the latest closing price.
Burford G Mark, the SVP & Chief Financial Officer of Cimarex Energy Co., sale 5,000 shares at $67.13 during a trade that took place back on Mar 08, which means that Burford G Mark is holding 174,528 shares at $335,673 based on the most recent closing price.
Stock Fundamentals for XEC
Current profitability levels for the company are sitting at:
- +6.74 for the present operating margin
- +20.90 for the gross margin
The net margin for Cimarex Energy Co. stands at -126.23. The total capital return value is set at 2.16, while invested capital returns managed to touch -41.08. Equity return is now at value -64.80, with -22.50 for asset returns.
Based on Cimarex Energy Co. (XEC), the company’s capital structure generated 138.84 points at debt to equity in total, while total debt to capital is 58.13. Total debt to assets is 47.77, with long-term debt to equity ratio resting at 137.87. Finally, the long-term debt to capital ratio is 56.39.
When we switch over and look at the enterprise to sales, we see a ratio of 3.67, with the company’s debt to enterprise value settled at 0.39. The receivables turnover for the company is 3.99 and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.