Stock Insights: Chesapeake Energy Corporation (NYSE:CHK)

Investors are watching shares of Chesapeake Energy Corporation (NYSE:CHK) today as the stock opened the current trading session at 16.57 and at the time of writing the last Bid was at 16.39. In the current trading session the stock reached as high as 16.98 and dipped down to 16.13. Chesapeake Energy Corporation C, a NYQ listed company, has a current market cap of 10.87B and on average over the past 3 months has seen 22135400 shares trade hands on a daily basis.

There are a number of brokerage firms which offer projections on earnings and future stock movement of the stock. On a consensus basis, Wall Street analysts have a short term price of 16.92 on the equity. The company’s trailing twelve month EPS is 14.49. The consensus analyst estimates according to First Call for the next quarter is -0.14. The current year EPS estimate on the stock is -0.16 and the EPS estimate for next year sits at -0.04.

On a technical level the stock has a 50 Day Moving Average of 14.75. Based on a recent trade, this puts the equity at +11.12% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -45.22% away from its 52-week high of 29.92 and +22.50% away from the stock’s low point over the past 52 weeks, which was 13.38.

The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at 1.13. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at N/A. Investors looking further ahead, will note that the Price to next year’s EPS is N/A.

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