Zacks Investment Research disclosed Comstock Resources Inc (NYSE:CRK), bumping up its stock price target to $8.50 earlier today
- Updated: October 3, 2016
Boasting a price of $7.44, Comstock Resources Inc (NYSE:CRK) traded -2.23% lower on the day. With the last stock price close up 60.19% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Comstock Resources Inc has recorded a 50-day average of $6.82 and a two hundred day average of $4.66. Volume of trade was down over the average, with 478,449 shares of CRK changing hands under the typical 628,981
Zacks Investment Research raised the target price of Comstock Resources Inc (NYSE:CRK) to $8.50 stating a potential upside of 0.14%.
On 9/15/2016, Robert W. Baird released a statement for Comstock Resources Inc (NYSE:CRK) bumped up the target price from $6.00 to $10.00 that suggested an upside of 0.29%.
With a total market value of $0, Comstock Resources Inc has with a 52 week low of $2.64 and a 52 week high of $16.90 .
General Information About Comstock Resources Inc (NYSE:CRK)
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. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Company's properties in the East Texas/North Louisiana region include approximately 80,660 acres in the Haynesville or Bossier shale formations. The Company's Eagleville field includes approximately 30,220 acres located in the oil window of the Eagle Ford shale in South Texas. The Company owns interests in over 1,575 producing oil and natural gas wells, and operates over 950 of these wells. The Company owns interests in over 20 wells in the Rosita field, located in Duval County, Texas.
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