In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
CNX Resources Corp (NYSE: CNX) closed the day trading at $28.90 down -0.55% from the previous closing price of $29.06. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 3.14 million shares were traded.
Ratios:
For a better understanding of CNX, 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 324.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.20. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.27. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.64.
On March 18, 2025, Stephens Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $35 to $48.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 06 ’25 when MFN Partners, LP sold 1,075,000 shares for $31.09 per share. The transaction valued at 33,421,750 led to the insider holds 13,925,000 shares of the business.
LANIGAN BERNARD JR bought 75,000 shares of CNX for $2,010,750 on Sep 09 ’24. The Director now owns 401,820 shares after completing the transaction at $26.81 per share. On Aug 20 ’24, another insider, LANIGAN BERNARD JR, who serves as the Director of the company, bought 75,000 shares for $26.74 each. As a result, the insider paid 2,005,500 and bolstered with 326,820 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 1.05.
Stock Price History:
Over the past 52 weeks, CNX has reached a high of $41.93, while it has fallen to a 52-week low of $22.82. The 50-Day Moving Average of the stock is -4.67%, while the 200-Day Moving Average is calculated to be -7.99%.
Shares Statistics:
A total of 147.22M shares are outstanding, with a floating share count of 139.54M. Insiders hold about 5.21% of the company’s shares, while institutions hold 102.92% stake in the company.
