Canadian Natural Resources Limited s chart and data analysis indicates that the stock price has dropped -15.54% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -5.94% . Looking at the past 52 week period, the stock price is up at 42.06% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Canadian Natural Resources Limited has a positive value of 18.07 compared to overall market.
Canadian Natural Resources Limited stock has recorded a 20-day Moving Average of 4% and the 50-Day Moving Average is 7.7%.The 200 Day SMA reached 6.66%Canadian Natural Resources Limited is having a Relative Strength Index of 38.15 which indicates the stock is not yet over sold or over bought based on the technical indicators.Canadian Natural Resources Limited (NYSE:CNQ) has tumbled 4.19% during the past week and has dropped 6.1% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.85%. Canadian Natural Resources Limited (NYSE:CNQ) has underperformed the index by 8.98% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Canadian Natural Resources Limited (NYSE:CNQ) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.59 points or 2.01% at $28.81 with 3,804,535 shares getting traded. Post opening the session at $29.19, the shares hit an intraday low of $28.62 and an intraday high of $29.24 and the price was in this range throughout the day. The company has a market cap of $31,809 million and the number of outstanding shares has been calculated to be 1,104,100,000 shares. The 52-week high of Canadian Natural Resources Limited (NYSE:CNQ) is $35.28 and the 52-week low is $19.045.
Currently the company Insiders own 5% of Canadian Natural Resources Limited shares according to the proxy statements. Institutional Investors own 67.71% of Canadian Natural Resources Limited shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Canadian Natural Resource Ltd (USA) was Upgraded by Desjardins to Buy on Feb 2, 2017. Canadian Natural Resource Ltd (USA) was Initiated by Wells Fargo to Outperform on Dec 16, 2016.
Canadian Natural Resource Ltd (USA) Last issued its quarterly earnings results on Mar 3, 2016. The company reported $-0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $-0.12. The company had revenue of $2793.00 million for the quarter, compared to analysts expectations of $2658.22 million. The companys revenue was down -36.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.10 EPS.
Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. The Companys operations are focused in Western Canada, the North Sea and Offshore West Africa.