CONSOL Energy (CNX) : During the past 4 weeks, traders have been relatively bearish on CONSOL Energy (CNX), hence the stock is down -3.9% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.13% relative to the S&P 500. The 4-week change in the price of the stock is -5.84% and the stock has fallen -7.64% in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.04% and the 50-Day Moving Average is 7.56%.The 200 Day SMA reached 29.68% CONSOL Energy Inc. is up 14.97% in the last 3-month period. Year-to-Date the stock performance stands at 108.39%.
CONSOL Energy (CNX) stock is expected to deviate a maximum of $3.24 from the average target price of $22 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $29 and the most muted being $18.
For the current week, the company shares have a recommendation consensus of Buy. CONSOL Energy (NYSE:CNX): stock was range-bound between the intraday low of $16.18 and the intraday high of $16.775 after having opened at $16.41 on Fridays session. The stock finally closed in the red at $16.41, a loss of -1.02%. The stock remained in the red for the whole trading day. The total traded volume was 13,713,974 shares. The stock failed to cross $16.775 in Fridays trading. The stocks closing price on Thursday was $16.44.
CONSOL Energy Inc. is an integrated energy company. The Company operates through two divisions: oil and gas exploration and production (E&P), and coal mining. The E&P division is focused on natural gas and liquids activities, including production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin (Pennsylvania, West Virginia, Ohio, Virginia and Tennessee). The coal division is focused on the extraction and preparation of coal, in the Appalachian Basin. It holds two joint ventures, one with Noble Energy, Inc. in the Marcellus Shale and one with a subsidiary of Hess Corporation in the Utica Shale. Its gas operations include Marcellus Shale, Utica Shale, Coalbed Methane and Other Gas properties. Its coal mining division includes Pennsylvania (PA) operations coal segment, Virginia (VA) operations coal segment and other coal segment. As of December 31, 2014, the Company has a total production of 645,792 million cubic feet per day (Mcfe per day).