The Attractiveness of Investing In Coterra Energy Inc (CTRA) is Growing

Coterra Energy Inc’s recent filing unveils that its EVP – Business Development BELL STEPHEN P unloaded Company’s shares for reported $2.53 million on May 20 ’25. In the deal valued at $25.26 per share,100,000 shares were sold. As a result of this transaction, BELL STEPHEN P now holds 229,652 shares worth roughly $5.76 million.

Then, BELL STEPHEN P bought 100,000 shares, generating $2,525,797 in total proceeds.

Before that, BELL STEPHEN P sold 115,385 shares. Coterra Energy Inc shares valued at $2,653,855 were divested by the EVP – Business Development at a price of $23.00 per share. As a result of the transaction, BELL STEPHEN P now holds 329,652 shares, worth roughly $8.27 million.

Pickering Energy Partners downgraded its Coterra Energy Inc [CTRA] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Johnson Rice’s analysts, who increased its forecast for the stock in mid March from “a Hold” to “a Accumulate”. ROTH MKM also remained covering CTRA and has increased its forecast on August 27, 2024 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of CTRA

On Monday, Coterra Energy Inc [NYSE:CTRA] saw its stock jump 3.17% to $25.08. Over the last five days, the stock has gained 2.28%. Coterra Energy Inc shares have fallen nearly -1.80% since the year began. Nevertheless, the stocks have fallen -8.63% 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 05/07/25. SMA at 50 days reached $25.59, while 200 days put it at $25.61.

Levels Of Support And Resistance For CTRA Stock

The 24-hour chart illustrates a support level at 24.70, which if violated will result in even more drops to 24.31. On the upside, there is a resistance level at 25.36. A further resistance level may holdings at 25.63. The Relative Strength Index (RSI) on the 14-day chart is 52.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.52%. Stochastics %K at 61.97% indicates the stock is a holding.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.