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.
American Resources Corporation (NASDAQ: AREC) closed the day trading at $1.83 down -2.14% from the previous closing price of $1.87. In other words, the price has decreased by -$2.14 from its previous closing price. On the day, 1.25 million shares were traded. AREC stock price reached its highest trading level at $1.87 during the session, while it also had its lowest trading level at $1.76.
Ratios:
For a better understanding of AREC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.10 and its Current Ratio is at 0.12.
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 154834288 and an Enterprise Value of 391214656. For the stock, the TTM Price-to-Sale (P/S) ratio is 469.20. Its current Enterprise Value per Revenue stands at 1184.408 whereas that against EBITDA is -16.151.
Stock Price History:
The Beta on a monthly basis for AREC is 1.11, which has changed by 3.3160377 over the last 52 weeks, in comparison to a change of 0.18189907 over the same period for the S&P500. Over the past 52 weeks, AREC has reached a high of $2.49, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 30.71%, while the 200-Day Moving Average is calculated to be 93.43%.
Shares Statistics:
Over the past 3-months, AREC traded about 2.95M shares per day on average, while over the past 10 days, AREC traded about 4356230 shares per day. A total of 84.31M shares are outstanding, with a floating share count of 58.43M. Insiders hold about 30.95% of the company’s shares, while institutions hold 9.64% stake in the company. Shares short for AREC as of 1755216000 were 5067544 with a Short Ratio of 1.72, compared to 1752537600 on 4920027. Therefore, it implies a Short% of Shares Outstanding of 5067544 and a Short% of Float of 6.92.
Earnings Estimates
The stock of American Resources Corporation (AREC) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.31 and -$0.31 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.3, with 1.0 analysts recommending between -$0.3 and -$0.3.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for AREC’s current fiscal year. The highest revenue estimate was $100k, while the lowest revenue estimate was $100k, resulting in an average revenue estimate of $100k. In the same quarter a year ago, actual revenue was $383.23kBased on 1 analysts’ estimates, the company’s revenue will be $100k in the next fiscal year. The high estimate is $100k and the low estimate is $100k.