CNX Resources Corp’s recent filing unveils that its Director LANIGAN BERNARD JR acquired Company’s shares for reported $2.01 million on Sep 09 ’24. In the deal valued at $26.81 per share,75,000 shares were bought. As a result of this transaction, LANIGAN BERNARD JR now holds 401,820 shares worth roughly $13.7 million.
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
Sponsored
Then, LANIGAN BERNARD JR bought 75,000 shares, generating $2,005,500 in total proceeds. Upon buying the shares at $26.74, the Director now owns 326,820 shares.
Before that, Bedard Timothy Scott bought 1,226 shares. CNX Resources Corp shares valued at $25,133 were divested by the EVP and General Counsel at a price of $20.50 per share. As a result of the transaction, Bedard Timothy Scott now holds 1,226 shares, worth roughly $41806.6.
Tudor Pickering Holt & Co. downgraded its CNX Resources Corp [CNX] rating to a Sell from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid August from “a Neutral” to “an Underweight”. BofA Securities also remained covering CNX and has increased its forecast on January 05, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Mizuho revised its rating on January 03, 2024. It rated CNX as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of CNX
On Friday, CNX Resources Corp [NYSE:CNX] saw its stock jump 0.26% to $34.10. Over the last five days, the stock has gained 8.29%. CNX Resources Corp shares have risen nearly 70.50% since the year began. Nevertheless, the stocks have risen 60.85% over the past one year. While a 52-week high of $34.03 was reached on 10/04/24, a 52-week low of $19.07 was recorded on 02/14/24. SMA at 50 days reached $28.00, while 200 days put it at $24.12.
Levels Of Support And Resistance For CNX Stock
The 24-hour chart illustrates a support level at 33.93, which if violated will result in even more drops to 33.76. On the upside, there is a resistance level at 34.31. A further resistance level may holdings at 34.52. The Relative Strength Index (RSI) on the 14-day chart is 79.09, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.18, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.00%. Stochastics %K at 97.21% indicates the stock is a selling.
How much short interest is there in CNX Resources Corp?
A steep rise in short interest was recorded in CNX Resources Corp stocks on 2024-09-13, dropping by -0.95 million shares to a total of 30.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 31.67 million shares. There was a decline of -3.09%, which implies that there is a negative sentiment for the stock.
