CNX Resources Corp (NYSE: CNX) kicked off on Monday, down -2.06% from the previous trading day, before settling in for the closing price of $24.28. Over the past 52 weeks, CNX has traded in a range of $14.36-$24.82.
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Energy Sector giant saw their annual sales surged by 16.15% over the last five years. While this was happening, its average annual earnings per share was recorded -24.53%. With a float of $146.73 million, this company’s outstanding shares have now reached $154.38 million.
The firm has a total of 470 workers. Let’s measure their productivity.
CNX Resources Corp (CNX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of CNX Resources Corp is 4.18%, while institutional ownership is 104.01%. The most recent insider transaction that took place on Feb 26 ’24, was worth 25,538. In this transaction EVP and General Counsel of this company sold 1,226 shares at a rate of $20.83, taking the stock ownership to the 0 shares. Before that another transaction happened on Feb 26 ’24, when Company’s EVP and General Counsel sold 1,226 for $20.83, making the entire transaction worth $25,538. This insider now owns 0 shares in total.
CNX Resources Corp (CNX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 35.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 41.60% during the next five years compared to 19.28% growth over the previous five years of trading.
CNX Resources Corp (NYSE: CNX) Trading Performance Indicators
Take a look at CNX Resources Corp’s (CNX) current performance indicators. Last quarter, stock had a quick ratio of 0.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42. Likewise, its price to free cash flow for the trailing twelve months is 26.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.06, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.99 in one year’s time.
Technical Analysis of CNX Resources Corp (CNX)
Analysing the last 5-days average volume posted by the [CNX Resources Corp, CNX], we can find that recorded value of 2.56 million was lower than the volume posted last year of 3.01 million. As of the previous 9 days, the stock’s Stochastic %D was 44.20%. Additionally, its Average True Range was 0.56.
During the past 100 days, CNX Resources Corp’s (CNX) raw stochastic average was set at 81.91%, which indicates a significant increase from 48.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.45% in the past 14 days, which was lower than the 25.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.77, while its 200-day Moving Average is $21.08. Now, the first resistance to watch is $24.33. This is followed by the second major resistance level at $24.87. The third major resistance level sits at $25.17. If the price goes on to break the first support level at $23.48, it is likely to go to the next support level at $23.18. Should the price break the second support level, the third support level stands at $22.64.
CNX Resources Corp (NYSE: CNX) Key Stats
The company with the Market Capitalisation of 3.64 billion has total of 153,135K Shares Outstanding. Its annual sales at the moment are 3,435 M in contrast with the sum of 1,721 M annual income. Company’s last quarter sales were recorded 968,760 K and last quarter income was 513,990 K.
