Market Highlights: American Resources Corporation (AREC) Ends on a Low Note at 1.44

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The price of American Resources Corporation (NASDAQ: AREC) closed at $1.44 in the last session, down -3.36% from day before closing price of $1.49. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 1.77 million shares were traded. AREC stock price reached its highest trading level at $1.5689 during the session, while it also had its lowest trading level at $1.37.

Ratios:

We take a closer look at AREC’s different ratios to gain a better understanding of the stock. 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 118475576 and an Enterprise Value of 349845184. For the stock, the TTM Price-to-Sale (P/S) ratio is 370.24. Its current Enterprise Value per Revenue stands at 1089.379 whereas that against EBITDA is -13.521.

Stock Price History:

The Beta on a monthly basis for AREC is 0.90, which has changed by 1.1556885 over the last 52 weeks, in comparison to a change of 0.16260707 over the same period for the S&P500. Over the past 52 weeks, AREC has reached a high of $1.68, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 58.93%, while the 200-Day Moving Average is calculated to be 67.59%.

Shares Statistics:

According to the various share statistics, AREC traded on average about 2.01M shares per day over the past 3-months and 2901030 shares per day over the past 10 days. A total of 80.49M shares are outstanding, with a floating share count of 54.69M. Insiders hold about 33.53% of the company’s shares, while institutions hold 6.32% stake in the company. Shares short for AREC as of 1751241600 were 5057132 with a Short Ratio of 2.51, compared to 1748563200 on 5081096. Therefore, it implies a Short% of Shares Outstanding of 5057132 and a Short% of Float of 7.1.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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