Crescent Point Energy Corp. (NYSE: CPG)’s stock price has increased by 2.23 compared to its previous closing price of 5.84. however, the company has experienced a -13.48% decrease in its stock price over the last five trading days.
Is It Worth Investing in Crescent Point Energy Corp. (NYSE: CPG) Right Now?
The price-to-earnings ratio for Crescent Point Energy Corp. (NYSE: CPG) is above average at 2.36x. The 36-month beta value for CPG is also noteworthy at 2.87. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for CPG is $10.42, which is $4.67 above than the current price. The public float for CPG is 552.92M, and at present, short sellers hold a 2.76% of that float. The average trading volume of CPG on March 17, 2023 was 5.96M shares.
CPG’s Market Performance
CPG’s stock has seen a -13.48% decrease for the week, with a -20.66% drop in the past month and a -12.43% fall in the past quarter. The volatility ratio for the week is 6.06%, and the volatility levels for the past 30 days are at 4.15% for Crescent Point Energy Corp. The simple moving average for the last 20 days is -13.10% for CPG stock, with a simple moving average of -18.77% for the last 200 days.
CPG Trading at -14.85% from the 50-Day Moving Average
After a stumble in the market that brought CPG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.17% of loss for the given period.
Volatility was left at 4.15%, however, over the last 30 days, the volatility rate increased by 6.06%, as shares sank -18.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.58% lower at present.
During the last 5 trading sessions, CPG fell by -13.48%, which changed the moving average for the period of 200-days by -32.31% in comparison to the 20-day moving average, which settled at $6.82. In addition, Crescent Point Energy Corp. saw -16.23% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CPG
Current profitability levels for the company are sitting at:
- +48.85 for the present operating margin
- +51.75 for the gross margin
The net margin for Crescent Point Energy Corp. stands at +37.15. Equity return is now at value 22.00, with 14.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
Conclusion
In summary, Crescent Point Energy Corp. (CPG) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
