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The price of CNX Resources Corp (NYSE: CNX) closed at $22.93 in the last session, down -2.51% from day before closing price of $23.52. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 2.72 million shares were traded. CNX stock price reached its highest trading level at $23.63 during the session, while it also had its lowest trading level at $22.82.
Ratios:
We take a closer look at CNX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1765.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.90. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.47.
Truist Upgraded its Hold to Buy on December 04, 2023, whereas the target price for the stock was revised from $20 to $27.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 26 ’24 when Bedard Timothy Scott sold 1,226 shares for $20.83 per share. The transaction valued at 25,538 led to the insider holds 0 shares of the business.
Bedard Timothy Scott sold 1,226 shares of CNX for $25,538 on Feb 26 ’24. The EVP and General Counsel now owns 0 shares after completing the transaction at $20.83 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 3513907712 and an Enterprise Value of 5917199872. As of this moment, CNX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.17, and their Forward P/E ratio for the next fiscal year is 11.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 4.463 whereas that against EBITDA is 3.294.
Stock Price History:
Over the past 52 weeks, CNX has reached a high of $24.82, while it has fallen to a 52-week low of $14.41. The 50-Day Moving Average of the stock is 1.14%, while the 200-Day Moving Average is calculated to be 7.04%.
Shares Statistics:
According to the various share statistics, CNX traded on average about 2.89M shares per day over the past 3-months and 2756320 shares per day over the past 10 days. A total of 154.38M shares are outstanding, with a floating share count of 146.84M. Insiders hold about 4.18% of the company’s shares, while institutions hold 103.61% stake in the company. Shares short for CNX as of 1713139200 were 28365737 with a Short Ratio of 9.80, compared to 1710460800 on 29721250. Therefore, it implies a Short% of Shares Outstanding of 28365737 and a Short% of Float of 25.22.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.12.
