Shares of Comstock Resources Inc. (NYSE:CRK) traded today at $11.74, eclipsing its 52-week high. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 3.7 million shares.
Comstock Resources Inc. (NYSE:CRK) is currently priced 14.0% above its average consensus analyst price target of $10.08.
Over the past year, Comstock Resources Inc. has traded in a range of $4.67 to $11.74 and is now at $11.71, 151% above that low.
Comstock Resources Inc is an independent energy company operating primarily in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are primarily concentrated in Louisiana, Texas and North Dakota.
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