Canadian Natural Resources Ltd (NYSE: CNQ) kicked off on Friday, down -0.60% from the previous trading day, before settling in for the closing price of $31.66. Over the past 52 weeks, CNQ has traded in a range of $29.45-$41.29.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 17.44%. While this was happening, its average annual earnings per share was recorded -11.18%. With a float of $2.02 billion, this company’s outstanding shares have now reached $2.11 billion.
Considering the fact that the conglomerate employs 10272 people, you should pay attention to its efficiency factor. 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) 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 Canadian Natural Resources Ltd is 4.34%, while institutional ownership is 72.90%.
Canadian Natural Resources Ltd (CNQ) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.18% 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
Take a look at Canadian Natural Resources Ltd’s (CNQ) current performance indicators. Last quarter, stock had a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.53. Likewise, its price to free cash flow for the trailing twelve months is 9.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.59, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 2.63 in one year’s time.
Technical Analysis of Canadian Natural Resources Ltd (CNQ)
Compared to the last year’s volume of 5.25 million, its volume of 4.84 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.41%. 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 9.02%, which indicates a significant decrease from 15.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.31% in the past 14 days, which was lower than the 28.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.39, while its 200-day Moving Average is $35.78. Nevertheless, the first resistance level for the watch stands at $31.72 in the near term. At $31.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.42. If the price goes on to break the first support level at $31.02, it is likely to go to the next support level at $30.58. Now, if the price goes above the second support level, the third support stands at $30.33.
Canadian Natural Resources Ltd (NYSE: CNQ) Key Stats
The company with the Market Capitalisation of 66.40 billion has total of 2,106,720K Shares Outstanding. Its annual sales at the moment are 26,645 M in contrast with the sum of 6,099 M annual income. Company’s last quarter sales were recorded 6,519 M and last quarter income was 1,661 M.
