Civitas Resources Inc. (NYSE:CIVI) went down by -9.50% from its latest closing price compared to the recent 1-year high of $83.74. The company’s stock price has collected -24.61% of loss in the last five trading sessions.
Is It Worth Investing in Civitas Resources Inc. (NYSE :CIVI) Right Now?
Civitas Resources Inc. (NYSE:CIVI) scored a price-to-earnings ratio above its average ratio, recording 15.10 x from its present earnings ratio. Plus, the 36-month beta value for CIVI is at 1.65. Opinions of the stock are interesting as 4 analysts out of 5 who provided ratings for Civitas Resources Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $93.40, which is $33.32 above the current price. CIVI currently public float of 84.26M and currently shorts hold a 5.37% ratio of that float. Today, the average trading volume of CIVI was 823.30K shares.
CIVI’s Market Performance
CIVI stocks went down by -24.61% for the week, with a monthly drop of -2.01% and a quarterly performance of 5.94%, while its annual performance rate touched 31.28%. The volatility ratio for the week stands at 7.79% while the volatility levels for the past 30 days are set at 5.18% for Civitas Resources Inc. The simple moving average for the period of the last 20 days is -18.97% for CIVI stocks with a simple moving average of 9.15% for the last 200 days.
CIVI Trading at -9.32% from the 50-Day Moving Average
After a stumble in the market that brought CIVI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.26% of loss for the given period.
Volatility was left at 5.18%, however, over the last 30 days, the volatility rate increased by 7.79%, as shares sank -3.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.52% upper at present.
During the last 5 trading sessions, CIVI fell by -25.51%, which changed the moving average for the period of 200-days by +52.49% in comparison to the 20-day moving average, which settled at $74.80. In addition, Civitas Resources Inc. saw 25.87% 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 CIVI starting from Cain Brian, who sale 6,436 shares at the price of $56.30 back on Mar 18. After this action, Cain Brian now owns 4,121 shares of Civitas Resources Inc., valued at $362,347 using the latest closing price.
Tinsley Dean, the SVP, Operations of Civitas Resources Inc., sale 4,609 shares at $56.90 during a trade that took place back on Mar 10, which means that Tinsley Dean is holding 53,428 shares at $262,250 based on the most recent closing price.
Stock Fundamentals for CIVI
Current profitability levels for the company are sitting at:
- +39.57 for the present operating margin
- +54.18 for the gross margin
The net margin for Civitas Resources Inc. stands at +19.23. Equity return is now at value 9.00, with 6.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.64.