Shares of Comstock Resources Inc. (NYSE:CRK) traded at a new 52-week high today of $8.94. So far today approximately 99,000 shares have been exchanged, as compared to an average 30-day volume of 3.2 million shares.
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.
Comstock Resources Inc. share prices have moved between a 52-week high of $8.94 and a 52-week low of $4.24 and are now trading 110% above that low price at $8.92 per share.
Based on a current price of $8.92, Comstock Resources Inc. is currently 80.0% above its average consensus analyst price target of $1.78.
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