The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. CNX Resources Corporation’s current trading price is -4.16% away from its 52-week high, while its distance from the 52-week low is 53.28%. The stock’s price range for this period has been between $14.36 and $22.97 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 1.35 million for the day, a number notably lower than the average daily volume of 2.81 million over the last three months.
The present stock price for CNX Resources Corporation (CNX) is $22.01. In the last trading session, the stock made a considerable jump, reaching $22.812 after an opening price of $22.80. The stock briefly fell to $22.42 before ending the session at $22.53.
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CNX Resources Corporation experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $22.97 on 09/12/23, while the lowest price for the same period was registered at $14.36 on 04/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CNX Resources Corporation (CNX) has experienced a quarterly rise of 29.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.54B and boasts a workforce of 466 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 18.38, with a change in price of +6.43. Similarly, CNX Resources Corporation recorded 2,879,059 in trading volume during the last 100 days, posting a change of +41.24%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CNX stands at 0.54. Similarly, the long-term debt-to-equity ratio is also 0.54.
CNX Stock Stochastic Average
CNX Resources Corporation’s raw stochastic average for the past 50 days is presently 83.41%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 40.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 67.19% and 72.79%, respectively.
CNX Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 30.70% this year. Over the last six months, there has been a weaker performance of 48.52%. The price of CNX fallen by 1.20% during the last 30 days period. For the last 5-days stocks have slided -1.47%.
