Comstock Resources (NYSE:CRK) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Comstock Resources, Inc. (NYSE:CRK) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $20.54 and traded as high as $21.80. Comstock Resources shares last traded at $20.8360, with a volume of 2,049,168 shares traded.

More Comstock Resources News

Here are the key news stories impacting Comstock Resources this week:

• Neutral Sentiment: KeyBanc/KeyCorp maintained a Hold rating on CRK, signaling no change in conviction even as other shops adjust estimates; this is a neutral endorsement rather than fresh upside guidance. KeyBanc Sticks to Its Hold Rating for Comstock Resources (CRK)
• Negative Sentiment: KeyCorp/KeyBanc cut multiple near‑term and longer‑range EPS forecasts for CRK (notable: FY2026 cut from ~$0.67 to ~$0.55 and FY2027 trimmed modestly), lowering Q1–Q4 quarter views. These repeated downward revisions point to weaker near‑term earnings expectations and could limit upside. Analyst Estimate Changes
• Negative Sentiment: Bank of America Securities downgraded CRK from Buy to Neutral and cut its price target (from $27 to $24), citing concerns about natural‑gas price pressure — a direct negative for Comstock’s revenue/EBITDA sensitivity. That downgrade reduces near‑term appetite among institutional buyers. BofA Securities downgrades Comstock Resources
• Negative Sentiment: An analysis flags potential for meaningful cash burn in 2026 if commodity prices and capex remain unfavorable — a reminder of balance‑sheet and liquidity risk that could pressure the stock if cash flow underperforms. Comstock Resources: 2026 Cash Burn Could Be Significant

Wall Street Analyst Weigh In

CRK has been the topic of several recent analyst reports. Piper Sandler decreased their price target on Comstock Resources from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 18th. Citigroup reaffirmed a “neutral” rating and issued a $25.00 price objective (up from $24.00) on shares of Comstock Resources in a research note on Wednesday. UBS Group reissued a “sell” rating and set a $18.00 target price (up previously from $16.00) on shares of Comstock Resources in a research note on Friday, December 12th. Bank of America downgraded shares of Comstock Resources from a “buy” rating to a “neutral” rating and reduced their price target for the company from $27.00 to $24.00 in a research note on Friday. Finally, Mizuho lifted their price target on shares of Comstock Resources from $21.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, December 12th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $20.22.

Comstock Resources Stock Performance

The company’s 50-day simple moving average is $23.66 and its 200-day simple moving average is $20.46. The stock has a market capitalization of $6.21 billion, a price-to-earnings ratio of 84.76 and a beta of 0.39. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 1.19.

Comstock Resources (NYSE:CRK) last announced its earnings results on Monday, November 3rd. The oil and gas producer reported $0.09 EPS for the quarter, topping the consensus estimate of $0.04 by $0.05. The firm had revenue of $449.85 million for the quarter, compared to the consensus estimate of $433.54 million. Comstock Resources had a return on equity of 6.71% and a net margin of 3.14%.The business’s quarterly revenue was up 47.8% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.17) EPS. On average, analysts expect that Comstock Resources, Inc. will post 0.54 EPS for the current year.

Institutional Investors Weigh In On Comstock Resources

A number of institutional investors have recently modified their holdings of CRK. AQR Capital Management LLC bought a new position in Comstock Resources during the first quarter worth $627,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Comstock Resources by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 55,236 shares of the oil and gas producer’s stock worth $1,124,000 after purchasing an additional 2,697 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Comstock Resources by 67.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,086,868 shares of the oil and gas producer’s stock worth $22,107,000 after purchasing an additional 437,476 shares in the last quarter. Intech Investment Management LLC grew its stake in shares of Comstock Resources by 26.0% in the 1st quarter. Intech Investment Management LLC now owns 65,289 shares of the oil and gas producer’s stock valued at $1,328,000 after buying an additional 13,485 shares during the period. Finally, Sowell Financial Services LLC bought a new stake in Comstock Resources in the 2nd quarter valued at about $231,000. 36.13% of the stock is owned by institutional investors.

Comstock Resources Company Profile

Comstock Resources, Inc is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the United States. The company focuses on generating long-term value through the efficient development of unconventional resource plays and conventional prospects. Its activities encompass drilling, completion and production operations, as well as the marketing of natural gas, natural gas liquids and crude oil.

Comstock holds a core position in the Haynesville Shale of Northwest Louisiana, one of the most active natural gas plays in North America, and has built a complementary portfolio in the Delaware Basin of West Texas.