Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
American Resources Corporation (NASDAQ: AREC) closed the day trading at $2.49 down -1.97% from the previous closing price of $2.54. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 2.62 million shares were traded. AREC stock price reached its highest trading level at $2.6 during the session, while it also had its lowest trading level at $2.47.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AREC now has a Market Capitalization of 210676208 and an Enterprise Value of 447056544. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 638.42. Its current Enterprise Value per Revenue stands at 1353.47 whereas that against EBITDA is -18.456.
Stock Price History:
The Beta on a monthly basis for AREC is 1.12, which has changed by 2.8307693 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, AREC has reached a high of $2.80, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of. The Stock is 52.26%, while the 200-Day Moving Average is calculated to be 150.85%.
Shares Statistics:
Over the past 3-months, AREC traded about 3.00M shares per day on average, while over the past 10 days, AREC traded about 3410390 shares per day. A total of 84.31M shares are outstanding, with a floating share count of 58.43M. Insiders hold about 30.95% of the company’s shares, while institutions hold 9.64% stake in the company. Shares short for AREC as of 1756425600 were 6317572 with a Short Ratio of 2.10, compared to 1753920000 on 4440172. Therefore, it implies a Short% of Shares Outstanding of 6317572 and a Short% of Float of 8.59.
Earnings Estimates
The current rating of American Resources Corporation (AREC) reflects the combined expertise of 2.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.31 and -$0.35 for the fiscal current year, implying an average EPS of -$0.33. EPS for the following year is -$0.26, with 2.0 analysts recommending between -$0.23 and -$0.3.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for AREC’s current fiscal year. The highest revenue estimate was $100k, while the lowest revenue estimate was $45k, resulting in an average revenue estimate of $72.5k. In the same quarter a year ago, actual revenue was $383.23kBased on 2 analysts’ estimates, the company’s revenue will be $1.27M in the next fiscal year. The high estimate is $2.45M and the low estimate is $100k.