Should You Hold Centennial Resource Development Inc (CDEV) Stock Friday Morning?

Friday, July 01, 2022 07:58 AM | InvestorsObserver Analysts

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Centennial Resource Development Inc (CDEV) is up Friday morning, with the stock gaining 2.51% in pre-market trading to 6.13. CDEV's short-term technical score of 85 indicates that the stock has traded more bullishly over the last month than 85% of stocks on the market. In the Oil & Gas E&P industry, which ranks 4 out of 146 industries, Centennial Resource Development Inc ranks higher than 35% of stocks. Centennial Resource Development Inc has fallen 24.69% over the past month, closing at $8.59 on June 3. During this period of time, the stock fell as low as $6.28 and as high as $9.70. CDEV has an average analyst recommendation of Buy. The company has an average price target of $10.33.

CDEV has an Overall Score of 63. Find out what this means to you and get the rest of the rankings on CDEV!
Centennial Resource Development Inc has a Long-Term Technical rank of 52. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 48% of the market scoring higher. In the Oil & Gas E&P industry which is number 6 by this metric, CDEV ranks better than 6% of stocks.

Important Dates for Investors in CDEV:

-Centennial Resource Development Inc is set to release earnings on 8/2/2022. Over the last 12 months, the company has reported EPS of $0.62. -We do not have a set dividend date for Centennial Resource Development Inc at this time. Click Here To Get The Full Report on Centennial Resource Development Inc (CDEV)

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