Is Corning Natural Gas stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Corning Natural Gas pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Wednesday 29th of June 2022 were paid $0.25 per share. Over the last 21 times between 2017 and 2022, Corning Natural Gas has paid $5.249 with an average of $0.25 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Corning Natural Gas 10 years ago, but if you had invested on Monday 3rd of January 2022 when the price was $29.05, you would have made a profit of $0.450 per share or 1.55%
No, the average daily trading liquidity for Corning Natural Gas is $41 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Corning Natural Gas has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.06, the company's ability to pay off the debt is limited. The company has a very low net profit margin of 4.33%, which is challenging.
We have calculated the inflation risk for Corning Natural Gas to be medium [0.65 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.