Comstock Reaches New 52-Week High (CRK)

NEW YORK ( TheStreet) -- Comstock Resources (NYSE: CRK) hit a new 52-week high Tuesday as it is currently trading at $33.08, above its previous 52-week high of $33 with 346,119 shares traded as of 12:30 p.m. ET. Average volume has been one million shares over the past 30 days.

Comstock has a market cap of $1.5 billion and is part of the basic materials sector and energy industry. Shares are up 32.1% year to date as of the close of trading on Monday.

Comstock Resources, Inc. engages in the acquisition, development, production, and exploration of oil and natural gas properties in the United States.
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TheStreet Ratings rates Comstock as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Comstock Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

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