In terms of market performance, Canadian Natural Resources Ltd. had a somewhat regular. The highest value for the stock in the past year was $79.72 on 04/04/24, while the lowest value was $52.66 on 06/20/23.
52-week price history of CNQ Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Canadian Natural Resources Ltd.’s current trading price is 0.48% away from its 52-week high, while its distance from the 52-week low is 52.11%. The stock’s price range for this period has remained between $52.66 and $79.72. The Energy sector company’s shares managed to surpass a trading volume of around 4.37 million for the day, which was noticeably higher compared to the shares’ average daily volume of 3.02 million over the last three months.
Financial Performance and Market Capitalization
Canadian Natural Resources Ltd. (CNQ) has experienced a quarterly rise of 18.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 85.78B and boasts a workforce of 10272 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 66.65, with a change in price of +17.71. Similarly, Canadian Natural Resources Ltd. recorded 3,097,329 in trading volume during the last 100 days, posting a change of +28.39%.
CNQ Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CNQ stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.28.
CNQ Stock Stochastic Average
As of today, the raw stochastic average of Canadian Natural Resources Ltd. over the past 50 days is 100.00%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 100.00%. Additionally, the Stochastic %K and %D values for the company were 97.73% and 96.82%, respectively, over the past 20 days.
CNQ Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 22.25%. However, over the last six months, the performance has been weaker by 26.62%. The price of CNQ increased 12.33% over the last 30 days. And in the last five days, it has surged by 6.13%.
