In terms of market performance, Canadian Natural Resources Ltd. had a fairly even. The highest value for the stock in the past year was $82.58 on 04/11/24, and the lowest value was recorded at $52.66 on 06/20/23.
52-week price history of CNQ Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Canadian Natural Resources Ltd.’s current trading price is -9.24% away from its 52-week high, while its distance from the 52-week low is 42.33%. The stock’s price range during this period has spanned from $52.66 to $82.58. In the Energy sector, the Canadian Natural Resources Ltd.’s shares surpassed a trading volume of approximately 2.92 million for the day, which was noticeably lower compared to the average daily volume of 9.3.37 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Canadian Natural Resources Ltd. (CNQ) has experienced a quarterly rise of 17.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 80.26B and boasts a workforce of 10272 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 69.08, with a change in price of +12.37. Similarly, Canadian Natural Resources Ltd. recorded 3,294,358 in trading volume during the last 100 days, posting a change of +19.77%.
Examining CNQ’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Today’s raw stochastic average for Canadian Natural Resources Ltd. over the last 50 days is 60.61%.This indicates a increase from the raw stochastic average of the past 20 days, which was 3.78%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 13.76% and 22.85%, respectively.
CNQ Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 14.39% this year. Over the last six months, there has been a weaker performance of 17.53%. The price of CNQ leaped by -4.13% during the last 30 days period. For the last 5-days stocks have slided -2.55%.
