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Canadian Natural (CNQ) Surges: Stock Moves 8% Higher

Zacks Equity Research

Canadian Natural Resources Limited CNQ was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 72.2% in the past one-month time frame.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Canadian Natural currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Canadian Natural Resources Limited Price

Canadian Natural Resources Limited Price
Canadian Natural Resources Limited Price

Canadian Natural Resources Limited price | Canadian Natural Resources Limited Quote

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