California Resources Corporation (CRC) Soars 7.61% on September 20

California Resources Corporation (CRC) had a good day on the market for Wednesday September 20
as
shares jumped 7.61% to close at $9.90. About 2.23 million shares traded hands on 9,534 trades for the day, compared with an average daily volume of
1.85 million shares out of a total float of 42.77 million. After opening the trading day at $9.35, shares of California Resources Corporation stayed within a range of $9.91 to
$9.31.

With today’s gains, California Resources Corporation now has a market cap of
$423.45 million.

The stock has a P/E Ratio of 0.8. Shares of California Resources Corporation have been trading within a range of $23.42
and $6.47 over the last year, and it had a 50-day SMA of $7.60 and a 200-day SMA of $13.45.

California Resources Corp is an oil and natural gas exploration and production company, which operates within the State of California. It explores, produces, gathers, processes and markets crude oil, natural gas and natural gas liquids.

California Resources Corporation is based out of Los Angeles, CA and has some 2,000 employees. Its CEO is Todd A. Stevens.

For a complete fundamental analysis of California Resources Corporation, check out Equities.com’s Stock Valuation Analysis report for
CRC
.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn
more about Guild Investment’s Market Commentary and Adam Sarhan’s Find
Leading Stocks
today.

California Resources Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell
Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.


To get more information on California Resources Corporation and to follow the company’s latest updates, you can visit the company’s profile page here:
CRC’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
Newsdesk
. Also, don’t forget to sign-up for our daily
email newsletter
to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE:
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Leave a Reply

Your email address will not be published. Required fields are marked *

*

10 + nineteen =