Crescent Point Energy Corp (TSE:CPG) Insider Sells C$86,829.33 in Stock
Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) insider Tamara Macdonald sold 9,247 shares of the stock in a transaction that occurred on Wednesday, July 5th. The shares were sold at an average price of C$9.39, for a total value of C$86,829.33.
Shares of Crescent Point Energy Corp (TSE:CPG) traded down 5.73% during mid-day trading on Wednesday, hitting $9.38. The company had a trading volume of 3,267,438 shares. Crescent Point Energy Corp has a 12 month low of $9.36 and a 12 month high of $22.00. The company’s market cap is $5.11 billion. The firm has a 50-day moving average of $11.72 and a 200-day moving average of $14.42.
COPYRIGHT VIOLATION WARNING: This story was first reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/07/05/crescent-point-energy-corp-tsecpg-insider-sells-c86829-33-in-stock.html.
Several research analysts recently commented on the company. National Bank Financial reduced their price objective on Crescent Point Energy Corp from C$18.50 to C$14.00 in a research note on Friday, June 23rd. TD Securities reissued a “buy” rating and issued a C$21.00 price objective on shares of Crescent Point Energy Corp in a research note on Friday, April 28th. Scotiabank reissued an “outperform” rating and issued a C$26.00 price objective on shares of Crescent Point Energy Corp in a research note on Friday, April 28th. Finally, Royal Bank Of Canada reduced their price objective on Crescent Point Energy Corp from C$21.00 to C$18.00 and set a “sector perform” rating for the company in a research note on Friday, April 28th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Crescent Point Energy Corp presently has a consensus rating of “Buy” and an average price target of C$22.00.
Crescent Point Energy Corp Company Profile
Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its 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.
Receive News & Ratings for Crescent Point Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crescent Point Energy Corp and related companies with MarketBeat.com's FREE daily email newsletter.