CNX Resources Corp (CNX) PE Ratio stood at $4.41: Odds are Looking Good After Recent Activity

QCOM

Witnessing the stock’s movement on the chart, on Thursday, CNX Resources Corp (NYSE: CNX) set off with pace as it heaved 0.83% to $24.23, before settling in for the price of $24.03 at the close. Taking a more long-term approach, CNX posted a 52-week range of $16.79-$26.57.

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The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 16.15%. Meanwhile, its Annual Earning per share during the time was 19.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -29.32%. This publicly-traded company’s shares outstanding now amounts to $154.38 million, simultaneously with a float of $146.26 million. The organization now has a market capitalization sitting at $3.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $24.48, while the 200-day Moving Average is $22.16.

CNX Resources Corp (CNX) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas E&P industry. CNX Resources Corp’s current insider ownership accounts for 4.56%, in contrast to 104.14% institutional ownership. According to the most recent insider trade that took place on Feb 26 ’24, this organization’s EVP and General Counsel sold 1,226 shares at the rate of 20.83, making the entire transaction reach 25,538 in total value, affecting insider ownership by 0. Preceding that transaction, on Feb 26 ’24, Company’s EVP and General Counsel sold 1,226 for 20.83, making the whole transaction’s value amount to 25,538. This particular insider is now the holder of 0 in total.

CNX Resources Corp (CNX) Earnings and Revenue Records

CNX Resources Corp’s EPS decrease for this current 12-month fiscal period is -29.32% and is forecasted to reach 1.92 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 41.60% through the next 5 years, which can be compared against the 19.28% growth it accomplished over the previous five years trading on the market.

CNX Resources Corp (NYSE: CNX) Trading Performance Indicators

Let’s observe the current performance indicators for CNX Resources Corp (CNX). It’s Quick Ratio in the last reported quarter now stands at 0.51. The Stock has managed to achieve an average true range (ATR) of 0.56. Alongside those numbers, its PE Ratio stands at $4.41, and its Beta score is 1.37. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.71. Similarly, its price to free cash flow for trailing twelve months is now 50.62.

In the same vein, CNX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.50, a figure that is expected to reach 0.30 in the next quarter, and analysts are predicting that it will be 1.92 at the market close of one year from today.

Technical Analysis of CNX Resources Corp (CNX)

Going through the that latest performance of [CNX Resources Corp, CNX]. Its last 5-days volume of 3.39 million indicated improvement to the volume of 2.81 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 25.50% While, its Average True Range was 0.56.

Raw Stochastic average of CNX Resources Corp (CNX) in the period of the previous 100 days is set at 68.80%, which indicates a major rise in contrast to 21.20% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 26.45% that was higher than 25.29% volatility it exhibited in the past 100-days period.