Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of American Resources Corporation (NASDAQ: AREC) was $1.6 for the day, down -1.84% from the previous closing price of $1.63. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 2.69 million shares were traded. AREC stock price reached its highest trading level at $1.8 during the session, while it also had its lowest trading level at $1.5702.
Ratios:
Our analysis of AREC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.10.
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 131639528 and an Enterprise Value of 363009152. For the stock, the TTM Price-to-Sale (P/S) ratio is 411.37. Its current Enterprise Value per Revenue stands at 1130.37 whereas that against EBITDA is -14.03.
Stock Price History:
The Beta on a monthly basis for AREC is 0.99, which has changed by 1.9143898 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, AREC has reached a high of $1.95, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 51.35%, while the 200-Day Moving Average is calculated to be 81.88%.
Shares Statistics:
AREC traded an average of 2.02M shares per day over the past three months and 2968900 shares per day over the past ten days. A total of 80.49M shares are outstanding, with a floating share count of 55.75M. Insiders hold about 32.24% of the company’s shares, while institutions hold 6.55% stake in the company. Shares short for AREC as of 1753920000 were 4440172 with a Short Ratio of 2.20, compared to 1751241600 on 5057132. Therefore, it implies a Short% of Shares Outstanding of 4440172 and a Short% of Float of 6.23.
