Crusader Energy Group, LLC (NYSE:JONE) reached a new 52-week high and low on Friday . The stock traded as low as $0.44 and last traded at $0.50, with a volume of 22608 shares traded. The stock had previously closed at $0.52.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research lowered Crusader Energy Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. ValuEngine cut Crusader Energy Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 3rd. Finally, Stephens reaffirmed a “hold” rating and issued a $1.00 target price on shares of Crusader Energy Group in a research report on Thursday, March 15th. Three investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Crusader Energy Group currently has a consensus rating of “Hold” and an average target price of $1.21.

The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.69 and a current ratio of 1.69.

Crusader Energy Group (NYSE:JONE) last issued its earnings results on Wednesday, May 2nd. The oil and gas producer reported ($0.32) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by ($0.08). The business had revenue of $57.49 million during the quarter, compared to analyst estimates of $54.23 million. Crusader Energy Group had a negative return on equity of 9.77% and a negative net margin of 64.68%. equities research analysts predict that Crusader Energy Group, LLC will post -1.12 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. acquired a new stake in shares of Crusader Energy Group in the fourth quarter worth $110,000. Goodman Financial Corp boosted its position in shares of Crusader Energy Group by 8.6% in the fourth quarter. Goodman Financial Corp now owns 1,931,702 shares of the oil and gas producer’s stock worth $2,125,000 after buying an additional 153,572 shares during the period. Bank of Montreal Can boosted its position in shares of Crusader Energy Group by 8,977.4% in the fourth quarter. Bank of Montreal Can now owns 232,562 shares of the oil and gas producer’s stock worth $256,000 after buying an additional 230,000 shares during the period. Cambrian Capital Limited Partnership acquired a new stake in shares of Crusader Energy Group in the fourth quarter worth $714,000. Finally, California Public Employees Retirement System boosted its position in shares of Crusader Energy Group by 46.1% in the fourth quarter. California Public Employees Retirement System now owns 790,881 shares of the oil and gas producer’s stock worth $870,000 after buying an additional 249,561 shares during the period. 59.77% of the stock is owned by institutional investors and hedge funds.

Crusader Energy Group Company Profile

Jones Energy, Inc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent United States. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage located in the Anadarko Basin in Oklahoma and Texas.

Receive News & Ratings for Crusader Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crusader Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.