A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 12.05% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 2.47%. Over the past 30 days, the price of CNX has fallen by 13.87%. And in the last five days, it has surged by 3.27%.
CNX Resources Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $23.68 on 10/18/23, while the lowest value for the same period was recorded at $14.36 on 04/27/23.
52-week price history of CNX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. CNX Resources Corp’s current trading price is -5.35% away from its 52-week high, while its distance from the 52-week low is 56.06%. The stock’s price range during this period has varied between$14.36 and $23.68. The CNX Resources Corp’s shares, which operate in the Energy, saw a trading volume of around 4.92 million for the day, a figure considerably higher than their average daily volume of 2.98 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
CNX Resources Corp (CNX) has experienced a quarterly rise of 13.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.40B and boasts a workforce of 470 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.64, with a change in price of +0.39. Similarly, CNX Resources Corp recorded 2,919,535 in trading volume during the last 100 days, posting a change of +1.77%.
CNX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 0.45.
CNX Stock Stochastic Average
CNX Resources Corp’s raw stochastic average for the past 50 days is presently 99.70%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 99.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 81.83% and 76.55%, respectively.
