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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $25.55 in the prior trading day, CNX Resources Corp (NYSE: CNX) closed at $25.84, up 1.14%. In other words, the price has increased by $1.14 from its previous closing price. On the day, 1.92 million shares were traded. CNX stock price reached its highest trading level at $25.97 during the session, while it also had its lowest trading level at $25.465.
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 1989.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.98. 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:
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 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 3959850496 and an Enterprise Value of 6363144192. As of this moment, CNX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.70, and their Forward P/E ratio for the next fiscal year is 13.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 4.8 whereas that against EBITDA is 3.543.
Stock Price History:
Over the past 52 weeks, CNX has reached a high of $26.57, while it has fallen to a 52-week low of $15.72. The 50-Day Moving Average of the stock is 6.92%, while the 200-Day Moving Average is calculated to be 17.78%.
Shares Statistics:
The stock has traded on average 2.66M shares per day over the past 3-months and 2498220 shares per day over the last 10 days, according to various share statistics. A total of 154.38M shares are outstanding, with a floating share count of 146.26M. Insiders hold about 4.56% of the company’s shares, while institutions hold 104.55% stake in the company. Shares short for CNX as of 1715731200 were 27890469 with a Short Ratio of 10.50, compared to 1713139200 on 28365737. Therefore, it implies a Short% of Shares Outstanding of 27890469 and a Short% of Float of 24.780001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.12.
