Crescent Energy Co.’s recent filing unveils that its insider Shi Bo acquired Company’s shares for reported $10574.0 on Sep 05 ’24. In the deal valued at $11.13 per share,950 shares were bought. As a result of this transaction, Shi Bo now holds 45,811 shares worth roughly $0.49 million.
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Then, Falk Todd bought 1,000 shares, generating $11,240 in total proceeds. Upon buying the shares at $11.24, the insider now owns 7,000 shares.
Before that, Rockecharlie David C. bought 10,000 shares. Crescent Energy Co. shares valued at $110,700 were divested by the insider at a price of $11.07 per share. As a result of the transaction, Rockecharlie David C. now holds 110,000 shares, worth roughly $1.18 million.
KeyBanc Capital Markets began covering CRGY with “an Overweight” recommendation on June 27, 2024. Tudor Pickering Holt & Co. started covering the stock on April 10, 2024. It rated CRGY as “a Buy”.
Price Performance Review of CRGY
On Monday, Crescent Energy Co. [NYSE:CRGY] saw its stock jump 0.47% to $10.69. Over the last five days, the stock has gained 3.09%. Crescent Energy Co. shares have fallen nearly -19.08% since the year began. Nevertheless, the stocks have fallen -13.86% over the past one year. While a 52-week high of $13.85 was reached on 01/02/24, a 52-week low of $9.88 was recorded on 08/05/24. SMA at 50 days reached $11.41, while 200 days put it at $11.56.
Levels Of Support And Resistance For CRGY Stock
The 24-hour chart illustrates a support level at 10.60, which if violated will result in even more drops to 10.51. On the upside, there is a resistance level at 10.80. A further resistance level may holdings at 10.91. The Relative Strength Index (RSI) on the 14-day chart is 43.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.35%. Stochastics %K at 25.29% indicates the stock is a holding.
How much short interest is there in Crescent Energy Co.?
A steep rise in short interest was recorded in Crescent Energy Co. stocks on 2024-08-30, dropping by -10.04 million shares to a total of 12.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 22.19 million shares. There was a decline of -82.61%, which implies that there is a negative sentiment for the stock.
