Crescent Point Energy Corp. [NYSE: CPG] closed the trading session at $8.85.
The stocks have a year to date performance of 27.71 percent and weekly performance of 0.45 percent. The stock has been moved at 8.15 percent over the last six months. The stock has performed 0.57 percent around the most recent 30 days and changed 41.37 percent over the most recent 3-months.
If compared to the average trading volume of 5.99M shares, CPG reached to a volume of 4339372 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Crescent Point Energy Corp. [CPG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CPG shares is $10.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CPG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Canaccord Genuity have made an estimate for Crescent Point Energy Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 21, 2023. The new note on the price target was released on June 08, 2022, representing the official price target for Crescent Point Energy Corp. stock.
The Average True Range (ATR) for Crescent Point Energy Corp. is set at 0.25, with the Price to Sales ratio for CPG stock in the period of the last 12 months amounting to 2.36. The Price to Book ratio for the last quarter was 0.72, with the Price to Cash per share for the same quarter was set at 0.02.
CPG stock trade performance evaluation
Crescent Point Energy Corp. [CPG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.45. With this latest performance, CPG shares gained by 0.57% in over the last four-week period, additionally plugging by 8.15% over the last 6 months – not to mention a rise of 26.56% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CPG stock in for the last two-week period is set at 57.05, with the RSI for the last a single of trading hit 54.96, and the three-weeks RSI is set at 58.99 for Crescent Point Energy Corp. [CPG]. The present Moving Average for the last 50 days of trading for this stock 8.25, while it was recorded at 8.71 for the last single week of trading, and 7.65 for the last 200 days.
Crescent Point Energy Corp. [CPG]: An insightful look at the core fundamentals
Crescent Point Energy Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.
Earnings per share (EPS) analysis for Crescent Point Energy Corp. [CPG] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CPG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Crescent Point Energy Corp. go to 7.00%.
Crescent Point Energy Corp. [CPG]: Institutional Ownership
The top three institutional holders of CPG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in CPG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in CPG stock with ownership which is approximately 5.8386%.
