Coterra Energy Inc’s recently made public that its Vice Pres & CAO Roemer Todd M unloaded Company’s shares for reported $1.49 million on Mar 20 ’24. In the deal valued at $27.06 per share,55,000 shares were sold. As a result of this transaction, Roemer Todd M now holds 176,758 shares worth roughly $4.21 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, DeShazer Michael D. sold 14,000 shares, generating $364,840 in total proceeds. Upon selling the shares at $26.06, the VP – Business Units now owns 93,988 shares.
ROTH MKM upgraded its Coterra Energy Inc [CTRA] rating to a Buy from a a Neutral in a research note published on August 27, 2024; the price target was increased to $29 from $25. Truist revised its rating on May 16, 2024. It rated CTRA as “a Buy” which previously was an “a Hold”.
Price Performance Review of CTRA
On Tuesday, Coterra Energy Inc [NYSE:CTRA] saw its stock jump 0.21% to $23.81. Over the last five days, the stock has gained 1.23%. Coterra Energy Inc shares have fallen nearly -6.70% since the year began. Nevertheless, the stocks have fallen -14.04% over the past one year. While a 52-week high of $28.90 was reached on 04/04/24, a 52-week low of $22.30 was recorded on 09/11/24. SMA at 50 days reached $23.81, while 200 days put it at $25.84.
Levels Of Support And Resistance For CTRA Stock
The 24-hour chart illustrates a support level at 23.65, which if violated will result in even more drops to 23.48. On the upside, there is a resistance level at 23.95. A further resistance level may holdings at 24.09. The Relative Strength Index (RSI) on the 14-day chart is 47.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.43%. Stochastics %K at 27.59% indicates the stock is a holding.
How much short interest is there in Coterra Energy Inc?
A steep rise in short interest was recorded in Coterra Energy Inc stocks on 2024-10-15, growing by 0.69 million shares to a total of 16.78 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 16.09 million shares. There was a rise of 4.14%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 10, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $36 price target.
