Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Canadian Natural Resources Ltd’s current trading price is -25.24% away from its 52-week high, while its distance from the 52-week low is 5.61%. The stock’s price range over this period has fluctuated between $29.23 and $41.29. The company, operating within the financial sector, had a trading volume of approximately 4.39 million for the day, which was noticeably higher than the average daily share volume of 4.14 million over the last 3 months.
In terms of market performance, Canadian Natural Resources Ltd had a fairly uneven. The highest value for the stock in the past year was $41.29 on 04/11/24, and the lowest value was recorded at $29.23 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Canadian Natural Resources Ltd (CNQ) has experienced a quarterly decline of -11.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 65.13B and boasts a workforce of 10272 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 34.01, with a change in price of -3.53. Similarly, Canadian Natural Resources Ltd recorded 4,472,695 in trading volume during the last 100 days, posting a change of -10.26%.
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 CNQ stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.24.
CNQ Stock Stochastic Average
Today’s raw stochastic average for Canadian Natural Resources Ltd over the last 50 days is 24.48%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 31.48%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 23.03% and 19.81%, respectively.
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. Year to date metric has recorded a loss of -5.77%.However, over the last six months, we can see a stronger performance of -14.27%. Over the last 30 days, the price of CNQ has leaped by -8.72%. And in the last five days, it has surged by 2.83%.
