With 1.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 21300.0 shares. During the session, the Mortgage Finance company that operates in wider Financial sector, reached to the highest price of $6.2 whereas the lowest price it dropped to was $2.355. The 52-week range on CNF shows that it touched its highest point at $28.40 and its lowest point at $2.40 during that stretch. It currently has a 1-year price target of $20.00. Beta for the stock currently stands at 0.07.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CNF was up-trending over the past week, with a rise of 13.66%, but this was down by -36.09% over a month. Three-month performance dropped to -0.85% while six-month performance fell -54.09%. The stock lost -50.95% in the past year, while it has lost -53.40% so far this year. A look at the trailing 12-month EPS for CNF yields -1.12 with Next year EPS estimates of -0.03.
Float and Shares Shorts:
At present, 6.86 million CNF shares are outstanding with a float of 6.71 million shares on hand for trading. In addition to Mr. Zhai Bin as the firm’s Chairman & CEO, Mr. Jun Qian serves as its VP & Director.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With CNF analysts setting a high price target of 20.009533 and a low target of 20.009533, the average target price over the next 12 months is 20.009533. Based on these targets, CNF could surge 329.39% to reach the target high and rise by 329.39% to reach the target low. Reaching the average price target will result in a growth of 329.39% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.99964 being high and $0.99964 being low. For CNF, this leads to a yearly average estimate of $0.99964.
