Comstock Resources Inc. (NYSE:CRK) traded up 19.1% on Thursday . The stock traded as high as $7.38 and last traded at $6.86, with a volume of 1,912,887 shares traded. The stock had previously closed at $5.76.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research lowered Comstock Resources from a “buy” rating to a “hold” rating in a research note on Friday, May 6th. Robert W. Baird reissued a “neutral” rating on shares of Comstock Resources in a research note on Wednesday, April 20th. Two equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.00.

The stock’s market capitalization is $81.28 million. The stock has a 50 day moving average of $4.16 and a 200 day moving average of $4.26.

Comstock Resources (NYSE:CRK) last released its earnings results on Monday, August 1st. The company reported ($4.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.66) by $3.39. The business had revenue of $40.72 million for the quarter, compared to analysts’ expectations of $39.16 million. The business’s revenue for the quarter was down 47.3% on a year-over-year basis. During the same period in the previous year, the company earned ($1.11) earnings per share. Equities research analysts predict that Comstock Resources Inc. will post ($14.26) EPS for the current year.

Comstock Resources, Inc is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company’s oil and gas operations are concentrated in Texas and Louisiana.

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