Comstock Resources (CRK) : During the past 4 weeks, traders have been relatively bearish on Comstock Resources (CRK), hence the stock is down -8.82% 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 -14.26% relative to the S&P 500. The 4-week change in the price of the stock is -2.66% and the stock has fallen -13.74% in the past 1 week.
Comstock Resources (NYSE:CRK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.77 and $0.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.78, notching a gain of 2.87% for the day. The total traded volume was 976,005 . The stock had closed at $0.76 on the previous day.
The stock has recorded a 20-day Moving Average of 8.6% and the 50-Day Moving Average is 3.01%. Comstock Resources Inc. has dropped 6.92% during the last 3-month period . Year-to-Date the stock performance stands at -58.19%.
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 Companys oil and gas operations are concentrated in Texas and Louisiana. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Companys properties in the East Texas/North Louisiana region include approximately 81,294 acres in the Haynesville or Bossier shale formations. The Companys Eagleville field includes approximately 31,459 acres located in the oil window of the Eagle Ford shale in South Texas. The Company also has approximately 35,322 acres in the oil window of the Eagle Ford shale in or near Burleson County, Texas. It has approximately 91,208 acres in Mississippi and Louisiana. The Company owns interests in around 1,596 producing oil and natural gas wells and operates 962 of these wells.