Comstock Resources, Inc (CRK) rating initates by UBS

Comstock Resources, Inc’s recently made public that its Director Davis Elizabeth B unloaded Company’s shares for reported $0.15 million on Dec 30 ’24. In the deal valued at $18.17 per share,8,000 shares were sold. As a result of this transaction, Davis Elizabeth B now holds 99,632 shares worth roughly $2.37 million.

Then, Davis Elizabeth B sold 10,000 shares, generating $169,800 in total proceeds. Upon selling the shares at $16.98, the Director now owns 107,632 shares.

Before that, Davis Elizabeth B sold 6,149 shares. Comstock Resources, Inc shares valued at $104,334 were divested by the Director at a price of $16.97 per share. As a result of the transaction, Davis Elizabeth B now holds 117,632 shares, worth roughly $2.8 million.

UBS initiated its Comstock Resources, Inc [CRK] rating to a Neutral in a research note published on April 22, 2025; the price target was $19. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early January with a ‘”an Equal-weight”‘ rating. Mizuho also remained covering CRK and has increased its forecast on December 16, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. BofA Securities started covering the stock on October 28, 2024. It rated CRK as “a Buy”.

Price Performance Review of CRK

On Tuesday, Comstock Resources, Inc [NYSE:CRK] saw its stock jump 0.34% to $23.82. Over the last five days, the stock has lost -1.89%. Comstock Resources, Inc shares have risen nearly 30.74% since the year began. Nevertheless, the stocks have risen 105.70% over the past one year. While a 52-week high of $24.70 was reached on 05/27/25, a 52-week low of $7.74 was recorded on 04/07/25. SMA at 50 days reached $20.94, while 200 days put it at $16.49.

Levels Of Support And Resistance For CRK Stock

The 24-hour chart illustrates a support level at 23.43, which if violated will result in even more drops to 23.03. On the upside, there is a resistance level at 24.23. A further resistance level may holdings at 24.63. The Relative Strength Index (RSI) on the 14-day chart is 61.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.31%. Stochastics %K at 47.25% indicates the stock is a holding.

How much short interest is there in Comstock Resources, Inc?

A steep rise in short interest was recorded in Comstock Resources, Inc stocks on 2025-05-15, dropping by 69481.0 shares to a total of 19.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 19.86 million shares. There was a decline of -0.35%, which implies that there is a negative sentiment for the stock.

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