On Tuesday, Canadian Natural Resources Ltd (NYSE: CNQ) opened higher 1.88% from the last session, before settling in for the closing price of $33.58. Price fluctuations for CNQ have ranged from $29.45 to $41.29 over the past 52 weeks.
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Annual sales at Energy sector company grew by 17.44% over the past five years. Company’s average yearly earnings per share was noted -12.71% at the time writing. With a float of $2.02 billion, this company’s outstanding shares have now reached $2.11 billion.
Let’s look at the performance matrix of the company that is accounted for 10272 employees. In terms of profitability, gross margin is 29.1%, operating margin of 26.73%, and the pretax margin is 25.32%.
Canadian Natural Resources Ltd (CNQ) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Canadian Natural Resources Ltd is 4.31%, while institutional ownership is 72.90%.
Canadian Natural Resources Ltd (CNQ) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -12.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% 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
Check out the current performance indicators for Canadian Natural Resources Ltd (CNQ). In the past quarter, the stock posted a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75. Likewise, its price to free cash flow for the trailing twelve months is 10.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.59, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 2.66 in one year’s time.
Technical Analysis of Canadian Natural Resources Ltd (CNQ)
Canadian Natural Resources Ltd (NYSE: CNQ) saw its 5-day average volume 3.67 million, a negative change from its year-to-date volume of 5.27 million. As of the previous 9 days, the stock’s Stochastic %D was 52.47%. Additionally, its Average True Range was 0.80.
During the past 100 days, Canadian Natural Resources Ltd’s (CNQ) raw stochastic average was set at 40.82%, which indicates a significant decrease from 67.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.53% in the past 14 days, which was lower than the 28.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.66, while its 200-day Moving Average is $35.80. Nevertheless, the first resistance level for the watch stands at $34.45 in the near term. At $34.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $35.05. If the price goes on to break the first support level at $33.85, it is likely to go to the next support level at $33.49. Assuming the price breaks the second support level, the third support level stands at $33.25.
Canadian Natural Resources Ltd (NYSE: CNQ) Key Stats
There are currently 2,110,408K shares outstanding in the company with a market cap of 72.18 billion. Presently, the company’s annual sales total 26,645 M according to its annual income of 6,099 M. Last quarter, the company’s sales amounted to 6,519 M and its income totaled 1,661 M.
