rts logo

New Big Money Means Core Natural Resources Inc (CNR) Investors Could Reap Benefit

Core Natural Resources Inc (NYSE: CNR) is -31.36% lower on its value in year-to-date trading and has touched a low of $66.54 and a high of $134.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNR stock was last observed hovering at around $74.53 in the last trading session, with the day’s loss setting it -1.3%.

Currently trading at $73.23, the stock is 0.23% and -13.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing -1.74% at the moment leaves the stock -26.81% off its SMA200. CNR registered -10.20% loss for a year compared to 6-month loss of -23.50%. The firm has a 50-day simple moving average (SMA 50) of $84.267 and a 200-day simple moving average (SMA200) of $100.0575.

The stock witnessed a -5.67% gain in the last 1 month and extending the period to 3 months gives it a -36.93%, and is 0.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.95% over the week and 5.40% over the month.

Core Natural Resources Inc (CNR) has around 2076 employees, a market worth around $3.91B and $2.21B in sales. Current P/E ratio is 7.62 and Fwd P/E is 4.52. Profit margin for the company is 12.96%. Distance from 52-week low is 10.05% and -45.59% from its 52-week high. The company has generated returns on investments over the last 12 months (17.17%).

with sales reaching $971.5M over the same period.The EPS is expected to shrink by -10.01% this year, but quarterly earnings will post 88.25% year-over-year. Quarterly sales are estimated to grow 71.93% in year-over-year returns.

429.0 institutions hold shares in Core Natural Resources Inc (CNR), with institutional investors hold 60.44% of the company’s shares. The shares outstanding are 54.02M, and float is at 52.70M with Short Float at 5.99%. Institutions hold 58.91% of the Float.

Core Natural Resources Inc (CNR) Insider Activity

Core Natural Resources Inc disclosed in a document filed with the SEC on Jun 28 ’24 that Brock James A (Chief Executive Officer) sold a total of 15,698 shares of the company’s common stock. The trade occurred on Jun 28 ’24 and was made at $100.99 per share for $1.59 million. Following the transaction, the insider now directly holds 0.51 million shares of the CNR stock.

Still, SEC filings show that on Jun 27 ’24, Brock James A (Chief Executive Officer) disposed off 1,700 shares at an average price of $99.55 for $0.17 million. The insider now directly holds 529,487 shares of Core Natural Resources Inc (CNR).

Related Posts