Short Interest in CONSOL Energy Inc. (NYSE:CEIX) Declines By 10.0%

CONSOL Energy Inc. (NYSE:CEIXGet Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 2,060,000 shares, a decline of 10.0% from the April 15th total of 2,290,000 shares. Based on an average trading volume of 566,900 shares, the days-to-cover ratio is presently 3.6 days. Approximately 7.1% of the shares of the company are short sold.

Insider Buying and Selling

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $94.56, for a total transaction of $189,120.00. Following the completion of the sale, the chief accounting officer now owns 13,108 shares of the company’s stock, valued at approximately $1,239,492.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.10% of the stock is owned by insiders.

Institutional Trading of CONSOL Energy

A number of institutional investors have recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. bought a new position in shares of CONSOL Energy in the fourth quarter worth $28,000. Parallel Advisors LLC grew its stake in CONSOL Energy by 101.4% during the fourth quarter. Parallel Advisors LLC now owns 298 shares of the company’s stock worth $30,000 after buying an additional 150 shares in the last quarter. Parkside Financial Bank & Trust raised its position in shares of CONSOL Energy by 866.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 464 shares of the company’s stock valued at $49,000 after buying an additional 416 shares in the last quarter. EntryPoint Capital LLC bought a new stake in shares of CONSOL Energy during the 1st quarter worth approximately $56,000. Finally, Quadrant Capital Group LLC boosted its position in shares of CONSOL Energy by 41.7% during the 4th quarter. Quadrant Capital Group LLC now owns 768 shares of the company’s stock worth $77,000 after acquiring an additional 226 shares in the last quarter. 86.54% of the stock is currently owned by institutional investors.

CONSOL Energy Trading Up 0.1 %

CEIX stock opened at $87.10 on Wednesday. CONSOL Energy has a 52 week low of $53.40 and a 52 week high of $114.30. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.21 and a current ratio of 1.47. The company’s 50-day simple moving average is $84.56 and its 200 day simple moving average is $91.71. The company has a market capitalization of $2.56 billion, a PE ratio of 5.28 and a beta of 1.77.

CONSOL Energy (NYSE:CEIXGet Free Report) last announced its earnings results on Tuesday, May 7th. The company reported $3.39 EPS for the quarter, topping the consensus estimate of $2.19 by $1.20. The company had revenue of $565.00 million for the quarter, compared to analysts’ expectations of $516.85 million. CONSOL Energy had a net margin of 21.57% and a return on equity of 39.24%. The business’s revenue for the quarter was down 17.9% on a year-over-year basis. During the same period last year, the firm earned $6.55 earnings per share. As a group, sell-side analysts anticipate that CONSOL Energy will post 11.58 earnings per share for the current year.

Analysts Set New Price Targets

Separately, B. Riley lowered their target price on CONSOL Energy from $100.00 to $98.00 and set a “buy” rating on the stock in a research note on Wednesday, April 10th.

Check Out Our Latest Report on CEIX

CONSOL Energy Company Profile

(Get Free Report)

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.

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