Canadian Natural Resources Ltd (CNQ): Uncovering A True Diamond In The Rough

Canadian Natural Resources Ltd (NYSE:CNQ) currently has a daily average trading volume of 4.38M but it saw 8891024 shares traded in last market. With a market cap of 64.98B USD, the company’s current market price of $30.80 came falling about -2.25 while comparing to the previous closing price of $31.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $41.29 and as low as $29.23. In the recent trading on the day, stock has struck highest price mark of $30.595 while lowest mark touched by it was $31.26.

Taking a look at 20-day trading activity of Canadian Natural Resources Ltd (CNQ) gives us an average price of $30.99, while its current price level is -25.41% below from 52-week high level whereas it is 5.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $32.46 while that of 200 days or SMA-200 reads an average of $35.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.15% during that period while stretching the period over a month that decreases to 2.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.13 which implies that the stock is in neutral territory.

Over the week, CNQ’s stock price is moving -5.61% down while it is -2.13% when we observe its performance for the past one month. Year-to-date it is -0.23% down and over the past year, the stock is showing a downside performance of -3.05%.

Currently, Canadian Natural Resources Ltd’s total number of outstanding shares is 2.11B with 4.30% of that held by the insiders while 76.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 15.20% and return on equity (ROE) at 18.95%. It has a price to earnings ratio (P/E ratio) of 11.91 while having a 12.44 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 2.20 while price to sale or P/S ratio amounts to 2.47. Its return on asset (ROA) is 9.95% on average.