On Monday, Canadian Natural Resources Ltd. (NYSE: CNQ) was -2.13% down from the session before settling in for the closing price of $79.23. A 52-week range for CNQ has been $52.66 – $82.58.
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During the last 5-year period, the sales growth of Energy Sector giant was 17.44%. When this article was written, the company’s average yearly earnings per share was at -0.06%. With a float of $1.05 billion, this company’s outstanding shares have now reached $1.07 billion.
Let’s determine the extent of company efficiency that accounts for 10272 employees.
Canadian Natural Resources Ltd. (CNQ) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Canadian Natural Resources Ltd. stocks. The insider ownership of Canadian Natural Resources Ltd. is 2.26%, while institutional ownership is 76.85%.
Canadian Natural Resources Ltd. (CNQ) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 80.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.74% during the next five years compared to 27.79% growth over the previous five years of trading.
Canadian Natural Resources Ltd. (NYSE: CNQ) Trading Performance Indicators
You can see what Canadian Natural Resources Ltd. (CNQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.12. Likewise, its price to free cash flow for the trailing twelve months is 15.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.54, a number that is poised to hit 1.18 in the next quarter and is forecasted to reach 6.92 in one year’s time.
Technical Analysis of Canadian Natural Resources Ltd. (CNQ)
Looking closely at Canadian Natural Resources Ltd. (NYSE: CNQ), its last 5-days average volume was 6.53 million, which is a jump from its year-to-date volume of 3.29 million. As of the previous 9 days, the stock’s Stochastic %D was 45.03%. Additionally, its Average True Range was 1.72.
During the past 100 days, Canadian Natural Resources Ltd.’s (CNQ) raw stochastic average was set at 78.71%, which indicates a significant increase from 37.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.67% in the past 14 days, which was lower than the 28.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.85, while its 200-day Moving Average is $65.01. However, in the short run, Canadian Natural Resources Ltd.’s stock first resistance to watch stands at $79.04. Second resistance stands at $80.55. The third major resistance level sits at $81.51. If the price goes on to break the first support level at $76.57, it is likely to go to the next support level at $75.61. Now, if the price goes above the second support level, the third support stands at $74.10.
Canadian Natural Resources Ltd. (NYSE: CNQ) Key Stats
There are 1,072,138K outstanding shares of the company, which has a market capitalization of 83.03 billion. As of now, sales total 26,645 M while income totals 6,099 M. Its latest quarter income was 7,022 M while its last quarter net income were 1,934 M.
