(CRK) Comstock Resources - Ratings and Ratios

Comstock Resources, Inc. is an independent energy company primarily focused on the acquisition, development, and production of natural gas and oil properties in the United States. With a strategic emphasis on natural gas production, the company operates across approximately 1,099,090 acres in the Haynesville and Bossier shales, located in North Louisiana and East Texas. These regions are known for their high natural gas productivity, aligning with the companys operational focus. Incorporated in 1919, Comstock Resources is headquartered in Frisco, Texas, and has established itself as a key player in the U.S. energy sector.

From a technical perspective, CRKs stock recently traded at $18.39, below its 20-day SMA of $19.08 but slightly above its 50-day SMA of $18.98. The 200-day SMA stands at $14.85, indicating upward momentum over the past year. Average trading volume over the last 20 days is approximately 2.29 million shares, with an ATR of 1.22, reflecting moderate volatility. On the fundamental side, Comstock Resources has a market cap of $5.67 billion, with a forward P/E of 32.05, suggesting expectations of future earnings growth. However, the current P/E is not available, and the P/B ratio of 2.53 indicates a premium relative to book value. The companys return on equity (RoE) is negative at -9.76%, highlighting profitability challenges.