The stock of Chesapeake Energy Corp. (CHK) has seen a -0.33% decrease in the past week, with a 7.98% gain in the past month, and a 14.87% flourish in the past quarter. The volatility ratio for the week is 1.94%, and the volatility levels for the past 30 days are at 1.87% for CHK. The simple moving average for the last 20 days is 3.42% for CHK’s stock, with a simple moving average of 8.84% for the last 200 days.
Is It Worth Investing in Chesapeake Energy Corp. (NASDAQ: CHK) Right Now?
Chesapeake Energy Corp. (NASDAQ: CHK) has a higher price-to-earnings ratio of 5.34x compared to its average ratio, The 36-month beta value for CHK is at 0.51. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 19 as “hold,” and 5 as “sell.”
The public float for CHK is 108.52M, and currently, shorts hold a 14.59% of that float. The average trading volume for CHK on April 11, 2024 was 2.15M shares.
CHK) stock’s latest price update
Chesapeake Energy Corp. (NASDAQ: CHK)’s stock price has soared by 0.10 in relation to previous closing price of 89.91. Nevertheless, the company has seen a loss of -0.33% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-10 that TCPC, BXMT and CHK have been added to the Zacks Rank #5 (Strong Sell) List on April 10, 2023.
Analysts’ Opinion of CHK
Mizuho gave a rating of “Buy” to CHK, setting the target price at $104 in the report published on January 12th of the current year.
CHK Trading at 9.00% 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 -1.13% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +7.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.16% upper at present.
During the last 5 trading sessions, CHK fell by -0.33%, which changed the moving average for the period of 200-days by +11.68% in comparison to the 20-day moving average, which settled at $87.34. In addition, Chesapeake Energy Corp. saw 16.97% 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:
- 0.4 for the present operating margin
- 0.53 for the gross margin
The net margin for Chesapeake Energy Corp. stands at 0.31. The total capital return value is set at 0.24. Equity return is now at value 24.37, with 15.81 for asset returns.
Based on Chesapeake Energy Corp. (CHK), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 1.13. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 50.68.
Currently, EBITDA for the company is 3.98 billion with net debt to EBITDA at 0.27. When we switch over and look at the enterprise to sales, we see a ratio of 1.65. The receivables turnover for the company is 12.42for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
In conclusion, Chesapeake Energy Corp. (CHK) has had a better performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
