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Alliance Resource Partners, LP (NASDAQ: ARLP) closed the day trading at $22.64 up 0.85% from the previous closing price of $22.44. In other words, the price has increased by $0.85 from its previous closing price. On the day, 0.55 million shares were traded. ARLP stock price reached its highest trading level at $22.79 during the session, while it also had its lowest trading level at $22.36.
Ratios:
For a better understanding of ARLP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.19.
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, Noble Capital Markets on March 30, 2022, initiated with a Outperform rating and assigned the stock a target price of $22.
On February 04, 2020, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $11.The Benchmark Company initiated its Buy rating on February 04, 2020, with a $11 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’23 when Mowry Kathleen sold 34,492 shares for $20.05 per share. The transaction valued at 691,571 led to the insider holds 16,167,865 shares of the business.
Mowry Kathleen sold 33,087 shares of ARLP for $682,095 on Dec 05 ’23. The 10% Owner now owns 16,202,357 shares after completing the transaction at $20.62 per share. On Dec 04 ’23, another insider, Mowry Kathleen, who serves as the 10% Owner of the company, sold 19,826 shares for $21.06 each. As a result, the insider received 417,629 and left with 16,235,444 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, ARLP now has a Market Capitalization of 2898683392 and an Enterprise Value of 3208743168. As of this moment, Alliance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.92, and their Forward P/E ratio for the next fiscal year is 6.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 1.256 whereas that against EBITDA is 3.617.
Stock Price History:
Over the past 52 weeks, ARLP has reached a high of $24.30, while it has fallen to a 52-week low of $17.05. The 50-Day Moving Average of the stock is 9.67%, while the 200-Day Moving Average is calculated to be 8.27%.
Shares Statistics:
Over the past 3-months, ARLP traded about 441.85K shares per day on average, while over the past 10 days, ARLP traded about 780420 shares per day. A total of 127.13M shares are outstanding, with a floating share count of 88.31M. Insiders hold about 31.05% of the company’s shares, while institutions hold 17.27% stake in the company. Shares short for ARLP as of 1713139200 were 4181459 with a Short Ratio of 9.46, compared to 1710460800 on 4236792. Therefore, it implies a Short% of Shares Outstanding of 4181459 and a Short% of Float of 4.67.
Dividends & Splits
ARLP’s forward annual dividend rate is 2.80, up from 2.8 a year ago. Against a Trailing Annual Dividend Yield of 0.124749385The stock’s 5-year Average Dividend Yield is 16.8.
