CNX Resources Corp (CNX) concluded trading on Thursday at a closing price of $27.51, with 5.55 million shares of worth about $152.62 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.15% during that period and on January 30, 2025 the price saw a loss of about -1.11%. Currently the company’s common shares owned by public are about 149.26M shares, out of which, 141.68M shares are available for trading.
Stock saw a price change of -3.47% in past 5 days and over the past one month there was a price change of -24.88%. Year-to-date (YTD), CNX shares are showing a performance of -24.98% which increased to 34.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.07 but also hit the highest price of $41.93 during that period. The average intraday trading volume for CNX Resources Corp shares is 2.78 million. The stock is currently trading -9.71% below its 20-day simple moving average (SMA20), while that difference is down -21.58% for SMA50 and it goes to -7.51% lower than SMA200.
CNX Resources Corp (NYSE: CNX) currently have 149.26M outstanding shares and institutions hold larger chunk of about 106.99% of that.
The stock has a current market capitalization of $4.11B and its 3Y-monthly beta is at 1.38. PE ratio of stock for trailing 12 months is 8.66, while it has posted earnings per share of $3.18 in the same period. Its PEG reads 0.29 and has Quick Ratio of 0.36 while making debt-to-equity ratio of 0.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNX, volatility over the week remained 3.39% while standing at 4.06% over the month.
Stock’s fiscal year EPS is expected to rise by 18.84% while it is estimated to increase by 28.15% in next year. EPS is likely to grow at an annualized rate of 29.61% for next 5-years, compared to annual growth of 19.28% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on January 15, 2025 offering a Hold rating for the stock and assigned a target price of $27 to it. Coverage by Morgan Stanley stated CNX Resources Corp (CNX) stock as an Underweight in their note to investors on January 10, 2025, suggesting a price target of $29 for the stock. On December 16, 2024, Mizuho Downgrade their recommendations, while on December 05, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $37. Stock get an Underperform rating from BofA Securities on October 28, 2024.
