Contango Oil & Gas Company (NYSE:MCF) has a beta value of 2.66 and has seen 1,745,250 shares traded in the recent trading session. The company, currently valued at $360.17 Million, closed the recent trade at $2.735 per share which meant it gained $0.31 on the day or 13.02% during that session. The MCF stock price is -75.14% off its 52-week high price of $4.79 and 69.29% above the 52-week low of $0.84. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.98 Million shares traded. The 3-month trading volume is 785.55 Million shares.
Contango Oil & Gas Company (NYSE:MCF) trade information
Sporting 13.43% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the MCF stock price touched $3.44-2 or saw a rise of 20.35%. Year-to-date, Contango Oil & Gas Company shares have moved -25.34%, while the 5-day performance has seen it change -18.93%. Over the past 30 days, the shares of Contango Oil & Gas Company (NYSE:MCF) have changed -0.36%. Short interest in the company has seen 4.33 Million shares shorted with days to cover at 0.01.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump -26.87% from current levels. The projected low price target is $2 while the price target rests at a high of $2. In that case, then, we find that the current price level is -26.87% off the targeted high while a plunge would see the stock lose -26.87% from current levels.
Contango Oil & Gas Company (MCF) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -20.8% over the past 5 years. Earnings growth for 2020 is a modest +37% while over the next 5 years, the company’s earnings are expected to increase by 0%.