Comstock Resources, Inc. Shares Close the Week 26.5% Higher - Weekly Wrap

The company saw its shares close the week 26.5% higher than last week, with trading volume lower than its 30 day average.

May 27, 2022 by Kwhen Finance Editors

Comstock Resources, Inc. Shares Close the Week 26.5% Higher - Weekly Wrap
Comstock Resources, Inc. (CRK) shares closed this week 26.5% higher than it did at the end of last week. The stock is currently up 143.5% year-to-date, up 247.4% over the past 12 months, and up 187.6% over the past five years. This week, the Dow Jones Industrial Average rose 4.2%, and the S&P 500 rose 4.1%.

Trading Activity

  • Shares traded as high as $20.33 and as low as $15.09 this week.
  • Shares closed 1.6% above its 52-week high and 308.9% above its 52-week low.
  • Trading volume this week was 22.9% higher than the 10-day average and 6.4% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $694 million in earnings before interest and taxes from $972 million in revenue. It currently holds $77 million in cash and $433 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 7.728208556854158 is higher than its current P/E ratio of -19.40, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.01. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 3.63 which means it currently has $3.63 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 1.16. This means that the stock is trading at a premium of 1 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 1.35.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 4.14.

P/E

-19.40

EBITDA

$694M

P/Book

1.16

Mkt Cap

$4B

P/Sales

1.35

Revenue

$972M

EPS (TTM)

-1.02

PEG Ratio

0.01

EV/Revenue

4.14

Total Cash

$77M

Debt/Equity

3.63

Forward P/E

7.73

Current Debt

$433M

Gross Profit

$972M

Dividend Date

-

Earnings Date

2022-08-02

Profit Margin

-0.26

Revenue/Share

4.19

Total Revenue

$972M

Enterprise Val

$4B

Put/Call Ratio

0.52

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price beats the performance of its peers in the Energy industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Comstock Resources, Inc.4.8143.5247.4-4.1285.9
Dow Jones Industrial Average1.7-9.7-3.5-11.05.3
S&P 500 Index2.5-14.4-2.0-14.77.2
Energy2.153.269.6-1.191.5

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 163.3%
  • The company's stock price performance over the past 12 months beats the peer average by 292.1%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Comstock Resources, Inc.CRK-19.4143.5247.4-4.1285.9
Peer AvgN/A6.254.563.1-13.8124.2
Pioneer Natural Resources Co.PXD16.256.696.7-3.8113.4
Marathon Oil CorporationMRO9.882.3153.5-2.0189.0
SM Energy CoSM16.857.5145.8-1.5212.0
Gulfport Energy Corp. (New)GPOR-0.740.365.1-1.368.1
FAST Acquisition Corp - Class AFST0-1.0-19.0-28.60.6
Rosehill Resources Inc. Class AROSE00.81.1
Abraxas Petroleum Corp.AXAS1.0145.1-1.5-59.3286.5

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