Chesapeake Energy Corporation (NASDAQ:CHK) went up by 4.61% from its latest closing price compared to the recent 1-year high of $71.36. The company’s stock price has collected 12.15% of gains in the last five trading sessions. Press Release reported on 01/11/22 that Chesapeake Utilities Corporation Participating in the Janney Virtual Gas & Electric Utilities Conference
Is It Worth Investing in Chesapeake Energy Corporation (NASDAQ :CHK) Right Now?
Chesapeake Energy Corporation (NASDAQ:CHK) scored a price-to-earnings ratio above its average ratio, recording 29.83 x from its present earnings ratio. Opinions of the stock are interesting as 9 analysts out of 11 who provided ratings for Chesapeake Energy Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $95.27, which is $21.29 above the current price. CHK currently public float of 103.99M and currently shorts hold a 12.11% ratio of that float. Today, the average trading volume of CHK was 1.18M shares.
CHK’s Market Performance
CHK stocks went up by 12.15% for the week, with a monthly jump of 18.09% and a quarterly performance of 17.82%. The volatility ratio for the week stands at 4.34% while the volatility levels for the past 30 days are set at 3.57% for Chesapeake Energy Corporation. The simple moving average for the period of the last 20 days is 13.08% for CHK stocks with a simple moving average of 28.77% for the last 200 days.
Analysts’ Opinion of CHK
Many brokerage firms have already submitted their reports for CHK stocks, with BofA Securities repeating the rating for CHK by listing it as a “Buy.” The predicted price for CHK in the upcoming period, according to BofA Securities is $90 based on the research report published on January 10th of the current year 2022.
Wells Fargo, on the other hand, stated in their research note that they expect to see CHK reach a price target of $84. The rating they have provided for CHK stocks is “Overweight” according to the report published on January 05th, 2022.
Siebert Williams Shank gave a rating of “Buy” to CHK, setting the target price at $90 in the report published on December 27th of the previous year.
CHK Trading at 14.56% from the 50-Day Moving Average
After a stumble in the market that brought CHK to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.45% of gains for the given period.
Volatility was left at 3.57%, however, over the last 30 days, the volatility rate increased by 4.34%, as shares surge +18.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.13% upper at present.
During the last 5 trading sessions, CHK rose by +12.15%, which changed the moving average for the period of 200-days by +69.47% in comparison to the 20-day moving average, which settled at $65.22. In addition, Chesapeake Energy Corporation saw 13.31% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CHK
Current profitability levels for the company are sitting at:
- -13.77 for the present operating margin
- -7.43 for the gross margin
The net margin for Chesapeake Energy Corporation stands at -208.44. The total capital return value is set at -12.22, while invested capital returns managed to touch -239.72. Equity return is now at value 533.10, with 64.40 for asset returns.
The receivables turnover for the company is 5.38 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.36.