California Resources Corporation Looks to Continue to Trade Above its Annual-High Share Price Today

March 30, 2022 09:14:57

Shares of California Resources Corporation (NYSE:CRC) traded at a new 52-week high today of $50.44. This new high was reached on below average trading volume as 120,000 shares traded hands, while the average 30-day volume is approximately 940,000 shares.

In the past 52 weeks, California Resources Corporation share prices are bracketed by a low of $21.79 and a high of $50.44 and is now at $48.81, 124% above that low price.

California Resources Corporation (CRC) is an independent oil and natural gas company committed to energy transition in the sector. CRC has some of the lowest carbon intensity production in the US and we are focused on maximizing the value of our land, mineral and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions reducing projects.

California Resources Corporation (NYSE:CRC) defies analysts with a current price ($48.81) 0.2% above its average consensus price target of $48.71.

Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts

To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected

About IBN (InvestorBrandNetwork)

IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.

For more information on IBN, please visit https://www.InvestorBrandNetwork.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer