CONSOL Energy (CNX) has been under a strong bear grip, hence the stock is down -6.25% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.52% in the past 1 week. The stock has risen by 3.84% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.45% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.43% and the fifty day Moving Average is 6.59%. CONSOL Energy Inc. is up 22.09% in the last three month period. Year-to-Date the stock performance stands at 129.81%.
CONSOL Energy (CNX) : The highest short term price target forecast on CONSOL Energy (CNX) is $29 and the lowest target price is $18. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $22 with a standard deviation of $3.24.
CONSOL Energy (NYSE:CNX): stock turned positive on Friday. Though the stock opened at $18.13, the bulls momentum made the stock top out at $18.6 level for the day. The stock recorded a low of $17.95 and closed the trading day at $18.13, in the green by 0.67%. The total traded volume for the day was 3,810,748. The stock had closed at $18.01 in the previous days trading.
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).