Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Atlas Energy Solutions Inc’s stock clocked out at $23.41, down -0.26% from its previous closing price of $23.47. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 0.97 million shares were traded. AESI stock price reached its highest trading level at $24.03 during the session, while it also had its lowest trading level at $23.1204.
Ratios:
To gain a deeper understanding of AESI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.43.
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 the company, Citigroup on November 14, 2024, Downgraded its rating to Neutral and sets its target price to $22 from $23 previously.
On November 12, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $23 to $19.
Goldman Downgraded its Buy to Neutral on November 07, 2024, whereas the target price for the stock was revised from $23 to $21.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 03 ’24 when Leveille Brian Anthony sold 12,500 shares for $23.95 per share. The transaction valued at 299,350 led to the insider holds 419,510 shares of the business.
Leveille Brian Anthony sold 30,000 shares of AESI for $720,600 on Nov 25 ’24. The Member of 10% Owner Group now owns 432,010 shares after completing the transaction at $24.02 per share. On Nov 22 ’24, another insider, Schmidt Richard W, who serves as the Member of 10% Owner Group of the company, sold 116,500 shares for $23.68 each. As a result, the insider received 2,758,720 and left with 778,215 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AESI now has a Market Capitalization of 3569440000 and an Enterprise Value of 2997223168. As of this moment, Atlas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.45, and their Forward P/E ratio for the next fiscal year is 12.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.79 while its Price-to-Book (P/B) ratio in mrq is 2.46. Its current Enterprise Value per Revenue stands at 3.238 whereas that against EBITDA is 11.442.
Stock Price History:
Over the past 52 weeks, AESI has reached a high of $24.93, while it has fallen to a 52-week low of $15.47. The 50-Day Moving Average of the stock is 9.95%, while the 200-Day Moving Average is calculated to be 9.79%.
Shares Statistics:
It appears that AESI traded 1.18M shares on average per day over the past three months and 2544060 shares per day over the past ten days. A total of 109.87M shares are outstanding, with a floating share count of 65.07M. Insiders hold about 40.96% of the company’s shares, while institutions hold 58.39% stake in the company. Shares short for AESI as of 1731628800 were 10578952 with a Short Ratio of 8.98, compared to 1728950400 on 9873430. Therefore, it implies a Short% of Shares Outstanding of 10578952 and a Short% of Float of 12.83.
Dividends & Splits
With its trailing 12-month dividend rate of 0.86, AESI has a forward annual dividend rate of 0.85. Against a Trailing Annual Dividend Yield of 0.036642525
