Crescent Energy Co’s recently made public 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 $ 0.68 million.
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 $1.64 million.
Siebert Williams Shank initiated its Crescent Energy Co [CRGY] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Pickering Energy Partners’s analysts, who began to cover the stock in late October with a ‘”an Outperform”‘ rating. JP Morgan started covering the stock on September 18, 2024. It rated CRGY as “a Neutral”.
Price Performance Review of CRGY
On Friday, Crescent Energy Co [NYSE:CRGY] saw its stock jump 2.41% to $14.87. Over the last five days, the stock has gained 1.43%. Crescent Energy Co shares have risen nearly 1.78% since the year began. Nevertheless, the stocks have risen 39.62% over the past one year. While a 52-week high of $16.94 was reached on 01/15/25, a 52-week low of $9.88 was recorded on 02/13/25. SMA at 50 days reached $15.00, while 200 days put it at $12.84.
Levels Of Support And Resistance For CRGY Stock
The 24-hour chart illustrates a support level at 14.63, which if violated will result in even more drops to 14.38. On the upside, there is a resistance level at 15.06. A further resistance level may holdings at 15.24. The Relative Strength Index (RSI) on the 14-day chart is 45.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.47%. Stochastics %K at 16.39% indicates the stock is a buying.
How much short interest is there in Crescent Energy Co?
A steep rise in short interest was recorded in Crescent Energy Co stocks on 2025-01-31, dropping by -2.76 million shares to a total of 22.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 24.91 million shares. There was a decline of -12.45%, which implies that there is a negative sentiment for the stock.
