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After finishing at $0.66 in the prior trading day, American Resources Corporation (NASDAQ: AREC) closed at $0.69, up 4.62%. In other words, the price has increased by $4.62 from its previous closing price. On the day, 1.05 million shares were traded. AREC stock price reached its highest trading level at $0.7447 during the session, while it also had its lowest trading level at $0.6565.
Ratios:
Our goal is to gain a better understanding of AREC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.23.
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 53172948 and an Enterprise Value of 294099232. For the stock, the TTM Price-to-Sale (P/S) ratio is 139.06. Its current Enterprise Value per Revenue stands at 49.238 whereas that against EBITDA is -15.113.
Stock Price History:
Over the past 52 weeks, AREC has reached a high of $1.78, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -36.76%, while the 200-Day Moving Average is calculated to be -29.93%.
Shares Statistics:
The stock has traded on average 343.18K shares per day over the past 3-months and 596980 shares per day over the last 10 days, according to various share statistics. A total of 77.40M shares are outstanding, with a floating share count of 51.46M. Insiders hold about 33.53% of the company’s shares, while institutions hold 7.51% stake in the company. Shares short for AREC as of 1730332800 were 2697584 with a Short Ratio of 7.61, compared to 1727654400 on 2561711. Therefore, it implies a Short% of Shares Outstanding of 2697584 and a Short% of Float of 5.239999699999999.
