Wall Street analysts will be watching closely when CNX Resources Corporation (NYSE:CNX) reports its quarterly earnings next, which is scheduled for Tue 30 Apr (In 16 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.16 per share. In the preceding quarter, the company reportedly generated EPS of $0.67 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 64.50%, a profit margin of 45.90% and a gross margin of 71.40%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of CNX Resources Corporation (NYSE:CNX). Most recently, on February 1st, 2019, Tudor Pickering Downgrade a Hold rating. Before that, on December 6th, 2018, MKM Partners Initiated to Buy. Goldman Downgrade a Sell rating on September 11th, 2018, Raymond James Downgrade an Underperform rating on August 6th, 2018, and Stifel Resumed a Hold rating on May 23rd, 2018.
At its current price point, combined with the fact that this company has 201.36M shares outstanding, the current market capitalization sits at 2.13B. In the last trading day, 4,642,098 shares of CNX Resources Corporation were traded, which compares to its usual volume of about 3.35M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.27 in the past five trading days, resulting in a percentage change of -2.49% and a moving average of 10.62. In the past 20 days, its price changed by -$0.14 (which is -1.30%) and the stock’s moving average was 10.61. Looking back a full 50 days, shares of CNX changed by -$1.55 (which is -12.77%) and demonstrated a moving average of 10.54.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 46.59%, a 14-day Stochastic %K score of 49.62% and a 20-day Stochastic %K score of 47.34%. Using a similar metric, CNX Resources Corporation (CNX) shares showed a Stochastic %D of 51.01% over the past 9 days, a Stochastic %D score of 53.66% over the last 14 days, and a 20-day Stochastic %D of 51.10%. Meanwhile, this stock’s MACD Oscillator was -0.04 over the past 9 days, -0.04 over the past two weeks, and -0.04 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $10.59 level. Over the past 12 months, this stock has experienced a high price of $18.37 and a low of $9.58. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
Southeastern Asset Management In sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from CNX Resources Corporation (NYSE:CNX) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 49,021,695 shares of the company’s stock following the subtraction of -1,283,977 to this investor’s holdings during the three-month period. This share count represents that Southeastern Asset Management In now held 24.72% stake in CNX Resources Corporation (CNX)’s shares.
Just in the most recent trading day, CNX Resources Corporation (NYSE:CNX) experienced a high price of $10.98 and low point of $10.47. At the end of the last trading session, this stock was at 10.59 per share, following a loss of -$10.51, or 0.76% during the full day.