Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Canadian Natural Resources Ltd (NYSE: CNQ) closed the day trading at $30.95 up 0.81% from the previous closing price of $30.70. In other words, the price has increased by $0.81 from its previous closing price. On the day, 6.58 million shares were traded. CNQ stock price reached its highest trading level at $31.295 during the session, while it also had its lowest trading level at $30.265.
Ratios:
For a better understanding of CNQ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 122.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNQ now has a Market Capitalization of 65463894016 and an Enterprise Value of 76096102400. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.97, and their Forward P/E ratio for the next fiscal year is 12.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 2.129 whereas that against EBITDA is 4.688.
Stock Price History:
The Beta on a monthly basis for CNQ is 1.47, which has changed by 0.012366056 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, CNQ has reached a high of $41.29, while it has fallen to a 52-week low of $29.23. The 50-Day Moving Average of the stock is -3.03%, while the 200-Day Moving Average is calculated to be -10.97%.
Shares Statistics:
Over the past 3-months, CNQ traded about 4.78M shares per day on average, while over the past 10 days, CNQ traded about 6179690 shares per day. A total of 2.11B shares are outstanding, with a floating share count of 2.02B. Insiders hold about 4.31% of the company’s shares, while institutions hold 72.79% stake in the company. Shares short for CNQ as of 1736899200 were 13610930 with a Short Ratio of 22.91, compared to 1734048000 on 109510844.
Dividends & Splits
CNQ’s forward annual dividend rate is 1.94, up from 2.075 a year ago. Against a Trailing Annual Dividend Yield of 0.06758957The stock’s 5-year Average Dividend Yield is 4.47. The current Payout Ratio is 49.04% for CNQ, which recently paid a dividend on 2024-12-13 with an ex-dividend date of 1734048000. Stock splits for the company last occurred on 2024-06-11 when the company split stock in a 2:1 ratio.
