CNX Resources Corp (NYSE: CNX) on Tuesday, plunged -1.77% from the previous trading day, before settling in for the closing price of $28.29. Within the past 52 weeks, CNX’s price has moved between $19.07 and $41.93.
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Energy Sector giant saw their annual sales surged by 23.16% over the last five years. The company achieved an average annual earnings per share of -17.30%. With a float of $141.68 million, this company’s outstanding shares have now reached $149.26 million.
The firm has a total of 470 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.14%, operating margin of 22.24%, and the pretax margin is 52.64%.
CNX Resources Corp (CNX) Insider Activity
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of CNX Resources Corp is 5.09%, while institutional ownership is 106.86%. The most recent insider transaction that took place on Jan 06 ’25, was worth 33,421,750. In this transaction 10% Owner of this company sold 1,075,000 shares at a rate of $31.09, taking the stock ownership to the 13,925,000 shares. Before that another transaction happened on Sep 09 ’24, when Company’s Director bought 75,000 for $26.81, making the entire transaction worth $2,010,750. This insider now owns 401,820 shares in total.
CNX Resources Corp (CNX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.28% 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
CNX Resources Corp (CNX) is currently performing well based on its current performance indicators. A quick ratio of 0.36 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.94. Likewise, its price to free cash flow for the trailing twelve months is 25.06.
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 2.27 in one year’s time.
Technical Analysis of CNX Resources Corp (CNX)
Analysing the last 5-days average volume posted by the [CNX Resources Corp, CNX], we can find that recorded value of 3.45 million was lower than the volume posted last year of 4.41 million. As of the previous 9 days, the stock’s Stochastic %D was 10.62%. Additionally, its Average True Range was 1.09.
During the past 100 days, CNX Resources Corp’s (CNX) raw stochastic average was set at 8.39%, which indicates a significant increase from 4.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.72% in the past 14 days, which was lower than the 40.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.52, while its 200-day Moving Average is $29.71. Now, the first resistance to watch is $28.31. This is followed by the second major resistance level at $28.83. The third major resistance level sits at $29.18. If the price goes on to break the first support level at $27.44, it is likely to go to the next support level at $27.09. Should the price break the second support level, the third support level stands at $26.57.
CNX Resources Corp (NYSE: CNX) Key Stats
Market capitalization of the company is 4.15 billion based on 149,271K outstanding shares. Right now, sales total 3,435 M and income totals 1,721 M. The company made 424,210 K in profit during its latest quarter, and 65,540 K in sales during its previous quarter.
