Continental Resources, Inc. (CLR): Ownership and Basic Trading Data

In the past 52-week period, shares of Continental Resources, Inc. (NYSE:CLR) have moved within the range of $29.08 to $58.50. On the stock’s most recent trading day, the company’s shares ended the regular session at $47.81, which is 18.27% lower than its 52-week high.

Continental Resources, Inc. (CLR) has demonstrated a 20-day simple moving average (SMA) of 4.98%, and a 50-day SMA of 16.17%. This public company’s current market capitalization stands at $17.45 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Continental Resources, Inc. (CLR) is Outperform.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Continental Resources, Inc. (CLR) delivered a 2.86% surprise with its net revenue. Sales reached $0.73 billion during the three-month period, compared to the average analyst estimate of $0.71 billion.

Meanwhile, during the same quarter Continental Resources, Inc. (CLR) delivered a 95.23% earnings surprise. Net earnings for the quarter were posted at $0.09 per share, whereas Wall Street had forecast $0.05 per share.

Ownership at Continental Resources, Inc. (CLR), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Continental Resources, Inc. (CLR) has 0 billion shares outstanding currently, 22.82% of which belong to institutional investors. Those institutional holdings amount to $4.15 billion.

Additionally, according to the most recent 13F filing from Continental Resources, Inc. (CLR), there were 44 new positions totaling 5,918,447 shares of the company’s stock. There were 53 sold out positions, on the other hand, totaling 4,768,176 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Continental Resources, Inc. (CLR) has had a 20-day average volume of 2,827,190 shares, with an average of 80% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 2,444,308 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,674,655 shares with 100% of long-term indicators pointing to Buy.