News headlines about Comstock Resources (NYSE:CRK) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Comstock Resources earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 47.5299235050353 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, Zacks Investment Research downgraded Comstock Resources from a “buy” rating to a “hold” rating in a report on Thursday, March 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $10.00.
Comstock Resources stock opened at $7.91 on Friday. The stock has a market capitalization of $127.88, a price-to-earnings ratio of -1.04 and a beta of 0.04. The company has a debt-to-equity ratio of -3.01, a quick ratio of 1.80 and a current ratio of 1.80. Comstock Resources has a one year low of $4.01 and a one year high of $10.72.
In other news, CEO M Jay Allison purchased 12,500 shares of the business’s stock in a transaction dated Thursday, December 28th. The stock was acquired at an average price of $8.00 per share, with a total value of $100,000.00. Following the purchase, the chief executive officer now directly owns 611,630 shares of the company’s stock, valued at approximately $4,893,040. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 11.60% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: This report was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/3299168/comstock-resources-crk-receives-daily-media-sentiment-score-of-0-10.html.
Comstock Resources Company Profile
Comstock Resources, Inc is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company’s oil and gas operations are concentrated in Texas and Louisiana.
Receive News & Ratings for Comstock Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comstock Resources and related companies with MarketBeat.com's FREE daily email newsletter.