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 -35.29% away from its 52-week high, while its distance from the 52-week low is -3.40%. The stock’s price range over this period has fluctuated between $27.66 and $41.29. The company, operating within the financial sector, had a trading volume of approximately 9.17 million for the day, which was noticeably higher than the average daily share volume of 5.67 million over the last 3 months.
Canadian Natural Resources Ltd ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $41.29 on 04/11/24, while the lowest value for the same period was recorded at $27.66 on 03/03/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Canadian Natural Resources Ltd (CNQ) has experienced a quarterly decline of -19.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 56.38B 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 32.42, with a change in price of -8.83. Similarly, Canadian Natural Resources Ltd recorded 5,110,772 in trading volume during the last 100 days, posting a change of -24.84%.
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, Canadian Natural Resources Ltd’s raw stochastic average for the past 50 days stands at 5.43%, indicating a decline from the raw stochastic average of the last 20 days, which was 7.59%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 8.45% and 8.11% 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. The index has shown a price loss of -13.44% this year. Over the last six months, there has been a stronger performance of -26.83%. The price of CNQ leaped by -13.67% during the last 30 days period. For the last 5-days stocks have slided -8.99%.
