Here’s How Your Trade Canadian Natural Resources Limited (CNQ) Aggressively Right Now – News Heater
Home  »  Companies   »  Here’s How Your Trade Canadian Natural Resou...

Here’s How Your Trade Canadian Natural Resources Limited (CNQ) Aggressively Right Now

Canadian Natural Resources Limited (NYSE:CNQ) went down by -5.28% from its latest closing price compared to the recent 1-year high of $70.60. The company’s stock price has collected -14.04% of loss in the last five trading sessions. Barron’s reported on 06/03/22 that 5 Stocks for $150 Oil

Is It Worth Investing in Canadian Natural Resources Limited (NYSE :CNQ) Right Now?

Canadian Natural Resources Limited (NYSE:CNQ) scored a price-to-earnings ratio above its average ratio, recording 8.50 x from its present earnings ratio. Plus, the 36-month beta value for CNQ is at 1.54.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


CNQ currently public float of 1.15B and currently shorts hold a 1.16% ratio of that float. Today, the average trading volume of CNQ was 2.66M shares.

CNQ’s Market Performance

CNQ stocks went down by -14.04% for the week, with a monthly drop of -15.83% and a quarterly performance of -15.69%, while its annual performance rate touched 42.76%. The volatility ratio for the week stands at 4.86% while the volatility levels for the past 30 days are set at 3.56% for Canadian Natural Resources Limited. The simple moving average for the period of the last 20 days is -18.44% for CNQ stocks with a simple moving average of 2.53% for the last 200 days.

Analysts’ Opinion of CNQ

Goldman, on the other hand, stated in their research note that they expect to see CNQ reach a price target of $54, previously predicting the price at $58. The rating they have provided for CNQ stocks is “Neutral” according to the report published on January 25th, 2022.

BofA Securities gave a rating of “Buy” to CNQ, setting the target price at $54 in the report published on January 10th of the current year.

CNQ Trading at -17.71% from the 50-Day Moving Average

After a stumble in the market that brought CNQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.27% of loss for the given period.

Volatility was left at 3.56%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares sank -19.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.01% lower at present.

During the last 5 trading sessions, CNQ fell by -14.04%, which changed the moving average for the period of 200-days by +48.76% in comparison to the 20-day moving average, which settled at $63.21. In addition, Canadian Natural Resources Limited saw 23.20% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for CNQ

Current profitability levels for the company are sitting at:

  • +31.65 for the present operating margin
  • +34.57 for the gross margin

The net margin for Canadian Natural Resources Limited stands at +25.50. Equity return is now at value 25.90, with 12.30 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.