Why is ESTE stock so low?

Discussion in 'Ask any question!' started by Weston Gross, Jul 10, 2020.

  1. Weston Gross

    Weston Gross Member

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    I'm trying to figure out why ESTE stock is so low when it shows profitability.

    This is AMAZON
    upload_2020-7-9_21-21-26.png

    This is ESTE
    upload_2020-7-9_21-22-43.png
     
    #1 Weston Gross, Jul 10, 2020
  2. A55

    A55 Well-Known Member

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    You can't compare Earthstone Energy to Amazon. That's like comparing Apple to massage parlors.
     
    #2 A55, Jul 10, 2020
  3. Weston Gross

    Weston Gross Member

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    But they both have profitability. Just wondered why a stock price would go down for a company that makes profit.
     
    #3 Weston Gross, Jul 10, 2020
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