With 4.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.02 million shares. The 52-week range on CNX shows that it touched its highest point at $23.68 and its lowest point at $14.36 during that stretch. It currently has a 1-year price target of $23.08. Beta for the stock currently stands at 1.33.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CNX was up-trending over the past week, with a rise of 5.85%, but this was up by 15.15% over a month. Three-month performance surged to 15.43% while six-month performance rose 8.21%. The stock gained 49.46% in the past year, while it has gained 18.60% so far this year. A look at the trailing 12-month EPS for CNX yields 9.06 with Next year EPS estimates of 2.13. For the next quarter, that number is 0.44. This implies an EPS growth rate of -18.36% for this year and 38.23% for next year. EPS is expected to grow by 41.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.28%.
Float and Shares Shorts:
At present, 154.38 million CNX shares are outstanding with a float of 145.39 million shares on hand for trading. On Feb 29, 2024, short shares totaled 31.1 million, which was 20.49% higher than short shares on Jan 31, 2024. In addition to CVX as the firm’s Chevron Corporation, CSX serves as its CSX Corporation.
Institutional Ownership:
Through their ownership of 106.39% of CNX’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CNX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
