Chesapeake Energy Corporation (NASDAQ: CHK) has a higher price-to-earnings ratio of 1.71x compared to its average ratio. Analysts have mixed views on the stock, with 14 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Chesapeake Energy Corporation (CHK) is $106.38, which is $26.3 above the current market price. The public float for CHK is 127.54M, and currently, short sellers hold a 7.06% ratio of that float. The average trading volume of CHK on June 16, 2023 was 1.39M shares.
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CHK) stock’s latest price update
The stock of Chesapeake Energy Corporation (NASDAQ: CHK) has increased by 2.22 when compared to last closing price of 79.76. Despite this, the company has experienced a 0.18% gain in its stock price over the last five trading sessions. The Wall Street Journal reported on 02/21/23 that Chesapeake to Sell Shale Oil Assets to Ineos for $1.4 Billion
CHK’s Market Performance
Chesapeake Energy Corporation (CHK) has seen a 0.18% rise in stock performance for the week, with a 2.75% gain in the past month and a 12.19% surge in the past quarter. The volatility ratio for the week is 2.58%, and the volatility levels for the past 30 days are at 3.00% for CHK. The simple moving average for the past 20 days is 2.81% for CHK’s stock, with a -6.28% simple moving average for the past 200 days.
Analysts’ Opinion of CHK
Many brokerage firms have already submitted their reports for CHK stocks, with Stephens repeating the rating for CHK by listing it as a “Equal-Weight.” The predicted price for CHK in the upcoming period, according to Stephens is $91 based on the research report published on April 25th of the current year 2023.
CHK Trading at 3.18% from the 50-Day Moving Average
After a stumble in the market that brought CHK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.15% of loss for the given period.
Volatility was left at 3.00%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares surge +4.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.84% upper at present.
During the last 5 trading sessions, CHK rose by +0.18%, which changed the moving average for the period of 200-days by -21.43% in comparison to the 20-day moving average, which settled at $79.46. In addition, Chesapeake Energy Corporation saw -12.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHK starting from Wichterich Michael, who purchase 2,000 shares at the price of $85.65 back on Jun 27. After this action, Wichterich Michael now owns 25,318 shares of Chesapeake Energy Corporation, valued at $171,300 using the latest closing price.
DELL’OSSO DOMENIC J JR, the President and CEO of Chesapeake Energy Corporation, purchase 3,000 shares at $82.04 during a trade that took place back on Jun 24, which means that DELL’OSSO DOMENIC J JR is holding 35,891 shares at $246,126 based on the most recent closing price.
Stock Fundamentals for CHK
Current profitability levels for the company are sitting at:
- +43.65 for the present operating margin
- +45.00 for the gross margin
The net margin for Chesapeake Energy Corporation stands at +34.95. The total capital return value is set at 60.80, while invested capital returns managed to touch 48.95. Equity return is now at value 89.00, with 48.40 for asset returns.
Based on Chesapeake Energy Corporation (CHK), the company’s capital structure generated 34.84 points at debt to equity in total, while total debt to capital is 25.84. Total debt to assets is 20.21, with long-term debt to equity ratio resting at 33.90. Finally, the long-term debt to capital ratio is 25.14.
When we switch over and look at the enterprise to sales, we see a ratio of 1.01, with the company’s debt to enterprise value settled at 0.19. The receivables turnover for the company is 11.06 and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
Conclusion
To put it simply, Chesapeake Energy Corporation (CHK) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.