Press coverage about Crescent Point Energy (NYSE:CPG) (TSE:CPG) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Crescent Point Energy earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the oil and gas producer an impact score of 44.7005725106273 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Crescent Point Energy (NYSE CPG) traded down $0.49 on Friday, hitting $7.53. The stock had a trading volume of 1,390,000 shares, compared to its average volume of 1,510,000. The company has a market cap of $4,110.00, a price-to-earnings ratio of -8.56, a price-to-earnings-growth ratio of 7.17 and a beta of 1.52. Crescent Point Energy has a one year low of $6.42 and a one year high of $12.66. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.72 and a current ratio of 0.72.
A number of analysts have recently issued reports on the company. ValuEngine cut Crescent Point Energy from a “hold” rating to a “sell” rating in a research report on Friday. AltaCorp Capital reissued a “buy” rating and set a $16.25 price target on shares of Crescent Point Energy in a report on Monday, January 15th. Zacks Investment Research upgraded Crescent Point Energy from a “hold” rating to a “buy” rating and set a $8.50 price objective on the stock in a research note on Friday, December 29th. Raymond James Financial lowered Crescent Point Energy from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 14th. Finally, UBS Group lowered Crescent Point Energy from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $13.94.
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About Crescent Point Energy
Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah.
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