California Resources Corporation (CRC) Hit 52-Week High at $45.05

June 27, 2018 - By Nell Hawkins

Big Money Sentiment decreased to 0 in Q1 2018. It has change of 0.50, from 2017Q4’s 0.5. The ratio is negative due to California Resources Corporation positioning: 1 sold and 0 reduced. 0 funds amassed stakes and 0 increased stakes. Investors holded 197,048 in 2017Q4 but now own 197,046 shares or 0.00% less.
Cypress Cap Limited Liability Company (Wy) reported 4 shs. The Texas-based Adams Asset Advsrs Lc has invested 0.46% in California Resources Corporation (NYSE:CRC). Moreover, Vantage Advisors Limited Liability has 0% invested in California Resources Corporation (NYSE:CRC) for 7 shs. 2 are held by Messner & Smith Theme Value Invest Limited Ca. Gemmer Asset Mngmt holds 27 shs or 0% of its capital.

California Resources Corporation (NYSE:CRC) broke into yearly high touching $45.05. Our PT is $46.40. On Jun, 27 the yearly high was reported by Barchart.com. California Resources Corporation (NYSE:CRC) has $2.17B MC. $65.16M more could be NYSE:CRC valuation at $46.40 share price.

Ticker’s shares touched $45.05 during the last trading session after 7.24% change.Currently California Resources Corporation is uptrending after 180.92% change in last June 27, 2017. CRC has 1.51M shares volume. CRC outperformed by 168.35% the S&P500.

On August, 2 is anticipated California Resources Corporation (NYSE:CRC)’s earnings report, Faxor reports. Analysts expect change of 84.15 % or $1.54 from previous year’s $-1.83 earnings per share compared to current’s $-0.29 earnings per share. Last quarter $0.18 earnings per share was reported. Analysts forecasts -261.11 % negative EPS growth this quarter.

California Resources Corporation (NYSE:CRC) Ratings Coverage

In total 5 analysts cover California Resources (NYSE:CRC). “Buy” rating has 2, “Sell” are 0, while 3 are “Hold”. 40% are bullish. With $41 highest and $16.0 lowest PT California Resources has $32.63 average PT or -27.57% below the current ($45.05) price. 12 are the (NYSE:CRC)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. On Thursday, May 17 the rating was maintained by Imperial Capital with “Outperform”. On Friday, May 4 the stock has “Buy” rating by Bank of America. On Monday, February 12 Imperial Capital upgraded California Resources Corporation (NYSE:CRC) to “Buy” rating. On Wednesday, January 17 Susquehanna maintained California Resources Corporation (NYSE:CRC) with “Hold” rating. The company rating was upgraded by Goldman Sachs on Thursday, February 1. On Monday, March 5 the firm earned “Hold” rating by Susquehanna. On Thursday, January 4 the stock of California Resources Corporation (NYSE:CRC) has “Neutral” rating given by Bank of America. On Friday, April 27 the stock of California Resources Corporation (NYSE:CRC) earned “Hold” rating by Societe Generale. On Tuesday, January 16 the rating was upgraded by Bank of America to “Buy”. On Thursday, January 4 the rating was downgraded by Societe Generale to “Hold”.

Another two news for California Resources Corporation (NYSE:CRC) were briefly brought out by: Nasdaq.com on June 22, 2018 with title “Mid-Day Market Update: Crude Oil Up Over 4%; WillScot Shares Spike Higher”. The other Nasdaq.com‘s article was titled “Mid-Afternoon Market Update: Red Hat Falls On Weak Forecast; Tandem Diabetes Care Shares Climb” and brought out on June 22, 2018.

California Resources Corporation operates as an oil and natural gas exploration and production firm in the State of California.The firm is worth $2.17 billion. It produces and markets crude oil, natural gas, and natural gas liquids.Currently it has negative earnings. The firm holds interests in approximately 2.3 million net acres of mineral acreage.

California Resources Corporation (NYSE:CRC) Analyst Ratings Chart

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