California Resources Corporation (CRC) : During the past 4 weeks, traders have been relatively bearish on California Resources Corporation (CRC), hence the stock is down -16.77% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.09% relative to the S&P 500. The 4-week change in the price of the stock is -18.46% and the stock has fallen -5.59% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.89% and the 50-Day Moving Average is 8.6%.The 200 Day SMA reached 28.17% California Resources Corporation has dropped 20.5% during the last 3-month period . Year-to-Date the stock performance stands at -55.06%.
California Resources Corporation (CRC) : Average target price received by California Resources Corporation (CRC) is $19.5 with an expected standard deviation of $0.71. The most aggressive target on the stock is $20, whereas the most downbeat target is $19. 2 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week California Resources Corporation (NYSE:CRC): The stock opened at $10.01 and touched an intraday high of $10.6 on Friday. During the day, the stock corrected to an intraday low of $9.98, however, the bulls stepped in and pushed the price higher to close in the green at $10.47 with a gain of 0.77% for the day. The total traded volume for the day was 4,206,934. The stock had closed at $10.47 in the previous trading session.
California Resources Corporation (CRC) is an independent oil and natural gas exploration and production company, operating properties exclusively within the State of California. The Company has a mineral acreage consisting of approximately 2.4 million net acres spanning the states four oil and gas basins. The Companys four oil and gas basins include San Joaquin Basin, Los Angeles Basin, Ventura Basin and Sacramento Basin. It operates an average of approximately 26 drilling rigs across the state. It drilled approximately 1,048 development wells with approximately 847 wells in the San Joaquin basin, approximately 177 in the Los Angeles basin, approximately 21 in the Ventura basin and approximately 3 in the Sacramento basin. It also drilled approximately 9 exploration wells in the San Joaquin basin, approximately 4 in the Ventura basin and 1 in the Sacramento basin.