Chesapeake Energy Corporation (NASDAQ:CHK) went up by 2.90% from its latest closing price compared to the recent 1-year high of $97.61. The company’s stock price has collected -9.21% of loss in the last five trading sessions. MarketWatch.com reported on 03/08/22 that OPEC Secretary General: There’s ‘no capacity’ to replace Russia’s 7 million barrels of oil per day
Is It Worth Investing in Chesapeake Energy Corporation (NASDAQ :CHK) Right Now?
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 $119.70, which is $34.21 above the current price. CHK currently public float of 103.99M and currently shorts hold a 14.81% ratio of that float. Today, the average trading volume of CHK was 1.96M shares.
CHK’s Market Performance
CHK stocks went down by -9.21% for the week, with a monthly drop of -5.86% and a quarterly performance of 33.50%, while its annual performance rate touched 77.21%. The volatility ratio for the week stands at 7.37% while the volatility levels for the past 30 days are set at 5.14% for Chesapeake Energy Corporation. The simple moving average for the period of the last 20 days is -2.98% for CHK stocks with a simple moving average of 27.31% for the last 200 days.
Analysts’ Opinion of CHK
Many brokerage firms have already submitted their reports for CHK stocks, with JP Morgan repeating the rating for CHK by listing it as a “Overweight.” The predicted price for CHK in the upcoming period, according to JP Morgan is $85 based on the research report published on February 11th of the current year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see CHK reach a price target of $90. The rating they have provided for CHK stocks is “Buy” according to the report published on January 10th, 2022.
Wells Fargo gave a rating of “Overweight” to CHK, setting the target price at $84 in the report published on January 05th of the current year.
CHK Trading at 0.31% 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 unable to rebound, for now settling with -11.66% of loss for the given period.
Volatility was left at 5.14%, however, over the last 30 days, the volatility rate increased by 7.37%, as shares sank -5.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.78% upper at present.
During the last 5 trading sessions, CHK fell by -9.21%, which changed the moving average for the period of 200-days by +56.90% in comparison to the 20-day moving average, which settled at $88.63. In addition, Chesapeake Energy Corporation saw 35.90% 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 CHK starting from Blackstone Holdings III L.P., who sale 8,700 shares at the price of $95.08 back on May 05. After this action, Blackstone Holdings III L.P. now owns 1,315,899 shares of Chesapeake Energy Corporation, valued at $827,181 using the latest closing price.
BX Vine Intermediate Holdco L., the 10% Owner of Chesapeake Energy Corporation, sale 8,700 shares at $95.08 during a trade that took place back on May 05, which means that BX Vine Intermediate Holdco L. is holding 1,315,899 shares at $827,181 based on the most recent closing price.
Stock Fundamentals for CHK
Current profitability levels for the company are sitting at:
- +31.84 for the present operating margin
- +33.15 for the gross margin
The net margin for Chesapeake Energy Corporation stands at +86.67. Equity return is now at value 111.90, with 55.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.