Among the S&P 500’s biggest fallers on Thursday August 03 was Cimarex Energy Co (XEC). The stock experienced a 5.38% decline to $92.89 with
1.81 million shares changing hands.
Cimarex Energy Co started at an opening price of 98.03 and hit a high of $98.15 and a low of $92.61. Ultimately, the stock took a hit and finished the day at $5.28 per share.
Cimarex Energy Co trades an average of 1.16 million shares a day out of a total 95.11 million shares outstanding. The current moving averages are a 50-day SMA of $98.34
and a 200-day SMA of $120.81.
Cimarex Energy Co hit a high of $146.96 and a low of $89.49 over the last year.
Cimarex Energy Cois involved in the oil & gas industry. Its primary activities include oil and gas exploration and production.
With its headquarters located in Denver, CO, Cimarex Energy Co employs 856 people. After today’s trading, the company’s market cap has fallen to $8.83 billion, a P/S of 8.01, a P/B of 4, and a P/FCF of -125.7.
To dig deeper into the fundamentals of Cimarex Energy Co and perform your own analysis, visit our Stock Valuation Analysis
Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to
about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading
For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American
The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why
its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.
To get more information on Cimarex Energy Co and to follow the company’s latest updates, you can visit the company’s profile page here:
XEC’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.
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