CNX Resources Corp (NYSE: CNX) kicked off on Monday, up 4.48% from the previous trading day, before settling in for the closing price of $38.16. Over the past 52 weeks, CNX has traded in a range of $19.07-$38.81.
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During the last 5-year period, the sales growth of Energy Sector giant was 16.15%. While this was happening, its average annual earnings per share was recorded -16.76%. With a float of $142.25 million, this company’s outstanding shares have now reached $154.38 million.
Let’s determine the extent of company efficiency that accounts for 470 employees. In terms of profitability, gross margin is 27.56%, operating margin of 12.39%, and the pretax margin is 52.64%.
CNX Resources Corp (CNX) Breakdown of a Key Holders of the stock
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 115.87%. 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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.67 earnings per share (EPS), higher than consensus estimate (set at 0.29) by 0.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.51% 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 4.25. Likewise, its price to free cash flow for the trailing twelve months is 36.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.18, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of CNX Resources Corp (CNX)
Looking closely at CNX Resources Corp (NYSE: CNX), its last 5-days average volume was 2.62 million, which is a drop from its year-to-date volume of 2.72 million. As of the previous 9 days, the stock’s Stochastic %D was 92.91%. Additionally, its Average True Range was 1.18.
During the past 100 days, CNX Resources Corp’s (CNX) raw stochastic average was set at 99.38%, which indicates a significant increase from 98.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.34% in the past 14 days, which was higher than the 31.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.79, while its 200-day Moving Average is $26.13. However, in the short run, CNX Resources Corp’s stock first resistance to watch stands at $40.49. Second resistance stands at $41.12. The third major resistance level sits at $42.26. If the price goes on to break the first support level at $38.72, it is likely to go to the next support level at $37.58. Now, if the price goes above the second support level, the third support stands at $36.95.
CNX Resources Corp (NYSE: CNX) Key Stats
The company with the Market Capitalisation of 6.01 billion has total of 149,271K 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.
