Closing Figures: Canadian Natural Resources Ltd. (CNQ)’s Negative Finish at 35.99, Down -0.11

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After finishing at $36.03 in the prior trading day, Canadian Natural Resources Ltd. (NYSE: CNQ) closed at $35.99, down -0.11%. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 1.9 million shares were traded. CNQ stock price reached its highest trading level at $36.2 during the session, while it also had its lowest trading level at $35.78.

Ratios:

Our goal is to gain a better understanding of CNQ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 76.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.30. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.27.

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 76882206720 and an Enterprise Value of 88036139008. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.34, and their Forward P/E ratio for the next fiscal year is 11.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 2.474 whereas that against EBITDA is 5.547.

Stock Price History:

The Beta on a monthly basis for CNQ is 1.54, which has changed by 0.26325023 over the last 52 weeks, in comparison to a change of 0.2553556 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 $26.81. The 50-Day Moving Average of the stock is -2.44%, while the 200-Day Moving Average is calculated to be 4.59%.

Shares Statistics:

The stock has traded on average 5.31M shares per day over the past 3-months and 2949530 shares per day over the last 10 days, according to various share statistics. A total of 2.14B shares are outstanding, with a floating share count of 2.04B. Insiders hold about 4.28% of the company’s shares, while institutions hold 77.94% stake in the company. Shares short for CNQ as of 1718323200 were 148312016 with a Short Ratio of 27.92, compared to 1715731200 on 51736666.

Dividends & Splits

In the trailing 12 months, CNQ’s forward annual dividend rate was 1.925, compared to 2.56 this year. Against a Trailing Annual Dividend Yield of 0.0534277The stock’s 5-year Average Dividend Yield is 4.44. The current Payout Ratio is 49.04% for CNQ, which recently paid a dividend on 2024-06-17 with an ex-dividend date of 1718582400. Stock splits for the company last occurred on 2024-06-11 when the company split stock in a 2:1 ratio.

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