Watch for Continued Gains in Shares of California Resources Corporation (CRC)

December 4, 2020 11:36:39

California Resources Corporation (NYSE:CRC) traded at a new 52-week high today of $27.14. So far today approximately 103,000 shares have been exchanged, as compared to an average 30-day volume of 187,000 shares.

In the past 52 weeks, California Resources Corporation share prices are bracketed by a low of $10.99 and a high of $27.14 and is now at $27.14, 147% above that low price.

Based on a current price of $27.14, California Resources Corporation is currently 98.7% above its average consensus analyst price target of $0.35.

California Resources produces oil and natural gas in California. At the end of 2018, the company reported net proved reserves of 618 million barrels of oil equivalent.

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