Cabot Corporation (NYSE:CBT) Closed 6.9% Above Its 50 Day Moving Average


The stock volatility for the week was 1.88% while for the month was 1.76%. As of the end of the quarter Weaver C. Barksdale & Associates, Inc. had bought a total of 7 shares growing its stake by 2.8%. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock.

Coty Inc. (COTY) exchanged hands at an unexpectedly low level of 4.07 million shares over the course of the day. Cabot Oil & Gas Corporation (NYSE:COG) has a 20-Day average volume of 5 Million. The firm owned 906,571 shares of the specialty chemicals company's stock after selling 115,754 shares during the quarter. Short interest increased from 654,851 to 678,235 over that period.

While looking at the Stock's Performance, Cabot Oil & Gas Corporation now shows a Weekly Performance of 0.98%, where Monthly Performance is -4.18%, Quarterly performance is 3.51%, 6 Months performance is 6.55% and yearly performance percentage is 13.92%.

In related news, insider Hobart Kalkstein sold 3,881 shares of the company's stock in a transaction dated Thursday, September 14th. The total value of its holdings decreased 78.0%. Following the completion of the sale, the insider now directly owns 635,124 shares in the company, valued at approximately $17,014,971.96. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable.

Cabot Oil & Gas Corporation (NYSE COG) traded down 0.19% on Tuesday, reaching $25.64.

Goldman: US-Iran Standoff Is A Long-Term Threat To Oil Supply
On the other hand, the oil prices also received support from the further decline in the number of oil producing rigs in the US. This is because under US law, the president must certify every 90 days to Congress that Iran is complying with the deal.

The Relative Volume of the company is 0.98 and Average Volume (3 months) is 5.08 million. The company's market capitalization is $12.04 billion. The stock's 50 day moving average price is $26.23 and its 200 day moving average price is $24.61. Cabot Oil & Gas Corporation has a 12-month low of $20.02 and a 12-month high of $27.14.

Wall Street sell-side analysts are projecting Cabot Oil & Gas Corporation (NYSE:COG) to grow at an accelerated rate over the next 5 years. The oil and gas exploration company reported $0.14 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.15 by ($0.01). It has a return on equity (ROE) of -6.50%. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The business's revenue was up 86.6% on a year-over-year basis. On average, equities research analysts predict that Cabot Corporation will post $3.44 EPS for the current year. Mutual Of America Capital Mgmt Limited reported 50,196 shares or 0.05% of all its holdings. BidaskClub downgraded Cabot Corporation from a "buy" rating to a "hold" rating in a research note on Monday, July 31st. BMO Capital Markets reaffirmed a "buy" rating and issued a $30.00 target price on shares of Cabot Oil & Gas Corporation in a report on Friday, September 1st. Barclays PLC lifted their target price on Cabot Oil & Gas Corporation from $28.00 to $30.00 and gave the company an "overweight" rating in a research note on Wednesday, October 11th. Institutional ownership is usually beneficial to a stock price initially, but very high institutional ownership has several shortcomings.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

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