Company shares are trading at $8.23 which is just over the 50 day moving average of $7.67 and barely above the 200 day moving average of $8.05. The 50 day moving average was up $0.56 and the 200 day average went up by +2.27%. Crescent Point Energy Corporati shares had a trading volume of 1,717K in the last trading session. Trading volume was up 29.65% over the stocks average daily volume.
Investors are more bullish on Crescent Point Energy Corporati recently if you evaluate the fall in short interest. The firm saw a fall in short interest of -3.22% between September 29, 2017 and October 13, 2017. Short shares fell from 8,667,263 to 8,388,015 over that timeframe. With short interest at 8,388,015 and short average daily volume at 1,026,975, days to cover is 8.0 and the short interest percentage is 0.02% as of October 13.
These firms have modified their investment in CPG. K.j. Harrison & Partners Inc reduced its position by selling 180,000 shares a decrease of 26.0% in the quarter. K.j. Harrison & Partners Inc currently owns 511,739 shares valued at $4,099,000. The total value of its holdings decreased 22.4%. As of the end of the quarter Intact Investment Management Inc. had acquired 960,900 shares growing its stake by 46.9%. The value of the total investment in Crescent Point Energy Corporati increased from $20,329,000 to $30,162,000 a change of $9,833,000 for the reporting period.
As of quarter end Simplex Trading, LLC had bought a total of 7,383 shares growing its position 105.2%. The value in dollars went from $53,000 to $115,000 a change of 117.0% quarter to quarter. Andra Ap-fonden bolstered its ownership by buying 84,800 shares an increase of 49.7% from 06/30/2017 to 09/30/2017. Andra Ap-fonden controls 255,400 shares with a value of $2,559,000. The value of the position overall is up by 51.2%.
The company is up by 4.18% since yesterday’s close of $8.23. Crescent Point Energy Corporati announced a dividend for shareholders that was paid on Monday the 16th of October 2017. The dividend payment was $0.073 per share for the quarter which is $0.29 annualized. The dividend yield was $4.11. The ex-dividend date was set for Monday the 30th of October 2017.
In the latest earnings report the EPS was $-0.61 and is projected to be $0.20 for the current year with 545,450,000 shares outstanding. Next quarter’s EPS is expected be $0.01 and the next full year EPS is projected to be $-0.07.
Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company’s 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. Crescent Point Energy Corp. is headquartered in Calgary, Canada..