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After finishing at $37.32 in the prior trading day, CNX Resources Corp (NYSE: CNX) closed at $33.12, down -11.25%. In other words, the price has decreased by -$11.25 from its previous closing price. On the day, 11.31 million shares were traded. CNX stock price reached its highest trading level at $39.0 during the session, while it also had its lowest trading level at $32.71.
Ratios:
Our goal is to gain a better understanding of CNX 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 3349.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.51. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on December 16, 2024, Downgraded its rating to Underperform and sets its target price to $38 from $33 previously.
On December 05, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also upped its target price recommendation from $31 to $37.
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 Sep 09 ’24 when LANIGAN BERNARD JR bought 75,000 shares for $26.81 per share. The transaction valued at 2,010,750 led to the insider holds 401,820 shares of the business.
LANIGAN BERNARD JR bought 75,000 shares of CNX for $2,005,500 on Aug 20 ’24. The Director now owns 326,820 shares after completing the transaction at $26.74 per share. On Feb 23 ’24, another insider, Bedard Timothy Scott, who serves as the EVP and General Counsel of the company, bought 1,226 shares for $20.50 each. As a result, the insider paid 25,133 and bolstered with 1,226 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNX now has a Market Capitalization of 4943855616 and an Enterprise Value of 7346816512. As of this moment, CNX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.42, and their Forward P/E ratio for the next fiscal year is 16.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.11 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 5.366 whereas that against EBITDA is 5.533.
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 $19.07. The 50-Day Moving Average of the stock is -11.60%, while the 200-Day Moving Average is calculated to be 13.23%.
Shares Statistics:
The stock has traded on average 2.24M shares per day over the past 3-months and 2600040 shares per day over the last 10 days, according to various share statistics. A total of 149.26M shares are outstanding, with a floating share count of 142.16M. Insiders hold about 4.76% of the company’s shares, while institutions hold 108.16% stake in the company. Shares short for CNX as of 1734048000 were 28128821 with a Short Ratio of 12.57, compared to 1731628800 on 28551015. Therefore, it implies a Short% of Shares Outstanding of 28128821 and a Short% of Float of 25.900000000000002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.12.
