For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Ramaco Resources Inc (NASDAQ: METC) was $12.94 for the day, down -0.08% from the previous closing price of $12.95. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 0.74 million shares were traded. METC stock price reached its highest trading level at $13.125 during the session, while it also had its lowest trading level at $12.68.
Ratios:
Our analysis of METC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.18.
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, UBS on January 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $21.
On June 07, 2022, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $16 to $25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 13 ’23 when LEIDEL PETER A sold 7,694 shares for $12.34 per share. The transaction valued at 94,967 led to the insider holds 713,193 shares of the business.
LAWRENCE BRYAN H sold 7,694 shares of METC for $94,967 on Dec 13 ’23. The Director now owns 713,193 shares after completing the transaction at $12.34 per share. On Dec 13 ’23, another insider, Yorktown IX Associates LLC, who serves as the 10% Owner of the company, sold 2,901 shares for $12.34 each. As a result, the insider received 35,807 and left with 1,083,332 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, METC now has a Market Capitalization of 667736320 and an Enterprise Value of 759935296. As of this moment, Ramaco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.36, and their Forward P/E ratio for the next fiscal year is 6.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 1.086 whereas that against EBITDA is 6.047.
Stock Price History:
Over the past 52 weeks, METC has reached a high of $22.70, while it has fallen to a 52-week low of $5.94. The 50-Day Moving Average of the stock is -21.33%, while the 200-Day Moving Average is calculated to be -10.39%.
Shares Statistics:
METC traded an average of 783.82K shares per day over the past three months and 793490 shares per day over the past ten days. A total of 44.00M shares are outstanding, with a floating share count of 26.48M. Insiders hold about 50.13% of the company’s shares, while institutions hold 38.81% stake in the company. Shares short for METC as of 1714435200 were 4191402 with a Short Ratio of 5.35, compared to 1711584000 on 4059483. Therefore, it implies a Short% of Shares Outstanding of 4191402 and a Short% of Float of 15.68.
Dividends & Splits
With its trailing 12-month dividend rate of 0.513, METC has a forward annual dividend rate of 0.49. Against a Trailing Annual Dividend Yield of 0.039613903
