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Taking a Closer Look At Coterra Energy Inc (CTRA) Following Its Recent Trade

Coterra Energy Inc’s recently made public that its Officer BELL STEPHEN P acquired Company’s shares for reported $2.15 million on Mar 11 ’25. In the deal valued at $27.00 per share,79,573 shares were bought.

Then, Michael Deshazer bought 35,377 shares, generating $941,028 in total proceeds.

Before that, BELL STEPHEN P sold 75,000 shares. Coterra Energy Inc shares valued at $1,951,200 were divested by the EVP – Business Development at a price of $26.02 per share. As a result of the transaction, BELL STEPHEN P now holds 524,610 shares, worth roughly $14.1 million.

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 0.49% to $26.88. Over the last five days, the stock has gained 1.55%. Coterra Energy Inc shares have risen nearly 5.25% since the year began. Nevertheless, the stocks have risen 2.75% over the past one year. While a 52-week high of $29.95 was reached on 01/17/25, a 52-week low of $22.30 was recorded on 03/06/25. SMA at 50 days reached $27.49, while 200 days put it at $25.78.

Levels Of Support And Resistance For CTRA Stock

The 24-hour chart illustrates a support level at 26.67, which if violated will result in even more drops to 26.47. On the upside, there is a resistance level at 27.19. A further resistance level may holdings at 27.50. The Relative Strength Index (RSI) on the 14-day chart is 48.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.85%. Stochastics %K at 35.02% indicates the stock is a holding.

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.

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