CNX Resources Corp (NYSE: CNX) kicked off on Friday, down -1.69% from the previous trading day, before settling in for the closing price of $37.20. Over the past 52 weeks, CNX has traded in a range of $19.07-$37.40.
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Annual sales at Energy sector company grew by 16.15% over the past five years. While this was happening, its average annual earnings per share was recorded -17.92%. With a float of $142.25 million, this company’s outstanding shares have now reached $154.38 million.
Let’s look at the performance matrix of the company that is accounted for 470 employees. In terms of profitability, gross margin is 31.66%, operating margin of 10.7%, and the pretax margin is 49.52%.
CNX Resources Corp (CNX) Insider Updates
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 4.70%, while institutional ownership is 113.21%. The most recent insider transaction that took place on Sep 09 ’24, was worth 2,010,750. In this transaction Director of this company bought 75,000 shares at a rate of $26.81, taking the stock ownership to the 401,820 shares. Before that another transaction happened on Aug 20 ’24, when Company’s Director bought 75,000 for $26.74, making the entire transaction worth $2,005,500. This insider now owns 326,820 shares in total.
CNX Resources Corp (CNX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -17.92% 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 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.87. Likewise, its price to free cash flow for the trailing twelve months is 32.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.17, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.86 in one year’s time.
Technical Analysis of CNX Resources Corp (CNX)
CNX Resources Corp (NYSE: CNX) saw its 5-day average volume 3.12 million, a positive change from its year-to-date volume of 2.72 million. As of the previous 9 days, the stock’s Stochastic %D was 76.78%. Additionally, its Average True Range was 0.98.
During the past 100 days, CNX Resources Corp’s (CNX) raw stochastic average was set at 92.83%, which indicates a significant increase from 73.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.67% in the past 14 days, which was higher than the 30.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.87, while its 200-day Moving Average is $25.24. Nevertheless, the first resistance level for the watch stands at $37.39 in the near term. At $38.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.84. If the price goes on to break the first support level at $35.94, it is likely to go to the next support level at $35.30. Assuming the price breaks the second support level, the third support level stands at $34.49.
CNX Resources Corp (NYSE: CNX) Key Stats
The company with the Market Capitalisation of 5.46 billion has total of 153,245K 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 424,210 K and last quarter income was 65,540 K.
