CNX Resources Corporation [CNX] stock is up 1.49 while the S&P 500 has risen 0.39% on Thursday, 11/19/20. While at the time of this article, CNX ATR is sitting at 0.67, with the beta value at 1.74. This stock’s volatility for the past week remained at 6.55%, while it was 7.66% for the past 30-day period. CNX has risen $0.14 from the previous closing price of $9.41 on volume of 4.59 million shares.
On 29, October 2020, CNX Resources Corp. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 29, 2020 / CNX Resources Corp. (NYSE:CNX) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 29, 2020 at 10:00 AM Eastern Time.
Analyst Birdseye View:
The most recent analyst activity for CNX Resources Corporation [NYSE:CNX] stock was on October 09, 2020, when it was Resumed with a Buy rating from Stifel, which also raised its 12-month price target on the stock to $13. Before that, on October 30, 2020, MKM Partners Recapitulated a Buy rating and elevated its amount target to $12. On September 23, 2020, CapitalOne Initiated an Overweight rating and boosted its price target on this stock to $16. On August 17, 2020, MKM Partners Downgrade a Neutral rating and increased its price target to $11. On August 12, 2020, Piper Sandler Upgrade an Overweight rating and increased its price target to $13. On July 09, 2020, MKM Partners Upgrade a Buy rating and boosted its amount on this stock to $12. On July 09, 2020, Piper Sandler Initiated a Neutral rating and boosted its target amount on this stock to $9. On June 25, 2020, Wells Fargo Initiated an Overweight rating and amplified its amount target to $15.
In the past 52 weeks of trading, this stock has oscillated between a low of $4.26 and a peak of $14.19. Right now, according to Wall Street analyst the average 12-month amount target is $14.10. At the most recent market close, shares of CNX Resources Corporation [NYSE:CNX] were valued at $9.55. According to the average price forecast, investors can expect a potential return of -6.92%.
CNX Resources Corporation [NYSE:CNX] most recently reported quarterly sales of 494.05 billion, which represented growth of -31.60%. This publicly-traded organization’s revenue is $3,311,229 per employee, while its income is -$172,869 per employee. This company’s Gross Margin is currently 56.60%, its Operating Margin is -97.70%, its Pretax Margin is +3.86, and its Net Margin is -5.22. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -0.90, -1.90, 3.35 and -1.17 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 41.42 and the whole liability to whole assets at 32.46. It shows enduring liability to the whole principal at 40.45 and enduring liability to assets at 0.32 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.13 points at 1st support level, the second support level is making up to 8.71. But as of 1st resistance point, this stock is sitting at 9.77 and at 9.99 for 2nd resistance point.
CNX Resources Corporation [CNX] reported its earnings at $0.04 per share in the fiscal quarter closing of 9/29/2020. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.13 calling estimates for $0.02/share with the difference of 0.11 depicting the surprise of 550.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for CNX Resources Corporation [NYSE:CNX] is 0.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.03. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.09 and it’s amount to book ratio is 0.40.
The most recent insider trade was by DEIULIIS N J, President and CEO, and it was the purchase of 11900.0 shares on Nov 09.