Daily Progress: Archrock Inc (AROC) Drop -4.55, Closing at 17.83

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In the latest session, Archrock Inc (NYSE: AROC) closed at $17.83 down -4.55% from its previous closing price of $18.68. In other words, the price has decreased by -$4.55 from its previous closing price. On the day, 2.67 million shares were traded. AROC stock price reached its highest trading level at $18.065 during the session, while it also had its lowest trading level at $17.265.

Ratios:

For a deeper understanding of Archrock Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3274.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.75. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 1.81 whereas as Long-Term Debt/Eq ratio is at 1.81.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on December 09, 2022, initiated with a Outperform rating and assigned the stock a target price of $10.

On June 29, 2020, Stifel started tracking the stock assigning a Buy rating and target price of $8.Stifel initiated its Buy rating on June 29, 2020, with a $8 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 23 ’23 when Henderson Donna A sold 10,802 shares for $12.77 per share. The transaction valued at 137,942 led to the insider holds 39,237 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AROC now has a Market Capitalization of 3012182528 and an Enterprise Value of 4776210944. As of this moment, Archrock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.20, and their Forward P/E ratio for the next fiscal year is 14.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 3.12. Its current Enterprise Value per Revenue stands at 4.54 whereas that against EBITDA is 10.031.

Stock Price History:

Over the past 52 weeks, AROC has reached a high of $23.44, while it has fallen to a 52-week low of $11.73. The 50-Day Moving Average of the stock is -12.24%, while the 200-Day Moving Average is calculated to be 0.72%.

Shares Statistics:

For the past three months, AROC has traded an average of 1.75M shares per day and 3461410 over the past ten days. A total of 155.96M shares are outstanding, with a floating share count of 144.65M. Insiders hold about 14.38% of the company’s shares, while institutions hold 86.74% stake in the company. Shares short for AROC as of 1721001600 were 6549201 with a Short Ratio of 3.73, compared to 1718323200 on 5746656. Therefore, it implies a Short% of Shares Outstanding of 6549201 and a Short% of Float of 5.86.

Dividends & Splits

According to the company, the forward annual dividend rate for AROC is 0.64, from 0.65 in the trailing year. Against a Trailing Annual Dividend Yield of 0.034796573The stock’s 5-year Average Dividend Yield is 6.53.

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