CNX Resources Corp (CNX) concluded trading on Thursday at a closing price of $29.17, with 5.32 million shares of worth about $155.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.45% during that period and on February 06, 2025 the price saw a gain of about 0.59%. Currently the company’s common shares owned by public are about 149.27M shares, out of which, 141.68M shares are available for trading.
Stock saw a price change of 6.03% in past 5 days and over the past one month there was a price change of -4.80%. Year-to-date (YTD), CNX shares are showing a performance of -20.45% which increased to 47.55% 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 2.94 million. The stock is currently trading 0.12% above its 20-day simple moving average (SMA20), while that difference is down -14.12% for SMA50 and it goes to -2.30% lower than SMA200.
CNX Resources Corp (NYSE: CNX) currently have 149.27M outstanding shares and institutions hold larger chunk of about 105.69% of that.
The stock has a current market capitalization of $4.35B and its 3Y-monthly beta is at 1.28. It has posted earnings per share of -$0.67 in the same period. It has Quick Ratio of 0.32 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 3.92% while standing at 3.28% over the month.
Stock’s fiscal year EPS is expected to rise by 18.87% while it is estimated to increase by 29.33% in next year.
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.
