At the end of the latest market close, CNX Resources Corporation (CNX) was valued at $12.11. In that particular session, Stock kicked-off at the price of $12.55 while reaching the peak value of $12.60 and lowest value recorded on the day was $11.9741. The stock current value is $12.52.Recently in News on September 15, 2021, CNX Midstream Partners LP Announces Tender Offer for its 6.500% Senior Notes due 2026. CNX Midstream Partners LP (“CNX Midstream”), a wholly owned subsidiary of CNX Resources Corporation (NYSE: CNX), today announced that it has commenced a cash tender offer (the “offer”) to purchase any and all of the outstanding senior notes listed in the following table at the cash purchase price shown in the column titled “Purchase Price per $1,000 of Notes.”. You can read further details here
CNX Resources Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $15.89 on 03/29/21, with the lowest value was $10.41 for the same time period, recorded on 08/19/21.
CNX Resources Corporation (CNX) full year performance was 11.41%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, CNX Resources Corporation shares are logging -21.18% during the 52-week period from high price, and 50.66% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.31 and $15.89.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 925308 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the CNX Resources Corporation (CNX) recorded performance in the market was 12.13%, having the revenues showcasing -17.79% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.67B, as it employees total of 451 workers.
The Analysts eye on CNX Resources Corporation (CNX)
During the last month, 6 analysts gave the CNX Resources Corporation a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.98, with a change in the price was noted -1.05. In a similar fashion, CNX Resources Corporation posted a movement of -7.70% for the period of last 100 days, recording 2,678,548 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CNX is recording 0.55 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.55.
Technical rundown of CNX Resources Corporation (CNX)
Raw Stochastic average of CNX Resources Corporation in the period of last 50 days is set at 60.43%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.62%. In the last 20 days, the company’s Stochastic %K was 87.82% and its Stochastic %D was recorded 86.14%.
Considering, the past performance of CNX Resources Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 12.13%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -18.78%, alongside a boost of 11.41% for the period of the last 12 months. The shares increased approximately by 3.77% in the 7-day charts and went down by 5.49% in the period of the last 30 days. Common stock shares were lifted by -17.79% during last recorded quarter.