Trading Day Review: Atlas Energy Solutions Inc. (AESI) Gains Momentum, Closing at 21.00

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The price of Atlas Energy Solutions Inc. (NYSE: AESI) closed at $21.00 in the last session, up 2.59% from day before closing price of $20.47. In other words, the price has increased by $2.59 from its previous closing price. On the day, 0.53 million shares were traded. AESI stock price reached its highest trading level at $21.12 during the session, while it also had its lowest trading level at $20.35.

Ratios:

We take a closer look at AESI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.87. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.44.

On May 23, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $27.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 09 ’24 when Hock Stacy sold 8,571 shares for $19.89 per share. The transaction valued at 170,477 led to the insider holds 960,459 shares of the business.

SHEPARD GREGORY M bought 30,013 shares of AESI for $588,255 on Jul 02 ’24. The Member of 10% Owner Group now owns 7,499,949 shares after completing the transaction at $19.60 per share. On Jun 27 ’24, another insider, SHEPARD GREGORY M, who serves as the Member of 10% Owner Group of the company, bought 24,867 shares for $19.69 each. As a result, the insider paid 489,631 and bolstered with 7,469,936 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 3194288896 and an Enterprise Value of 2623416320. As of this moment, Atlas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.38, and their Forward P/E ratio for the next fiscal year is 5.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.53 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 4.016 whereas that against EBITDA is 9.305.

Stock Price History:

The Beta on a monthly basis for AESI is 0.56, which has changed by 0.19250429 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. 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 -3.49%, while the 200-Day Moving Average is calculated to be 5.84%.

Shares Statistics:

According to the various share statistics, AESI traded on average about 1.12M shares per day over the past 3-months and 1870860 shares per day over the past 10 days. A total of 100.03M shares are outstanding, with a floating share count of 59.60M. Insiders hold about 45.74% of the company’s shares, while institutions hold 42.49% stake in the company. Shares short for AESI as of 1718323200 were 5618094 with a Short Ratio of 5.38, compared to 1715731200 on 7834433. Therefore, it implies a Short% of Shares Outstanding of 5618094 and a Short% of Float of 6.84.

Dividends & Splits

The forward annual dividend rate for AESI is 0.73, which was 0.76 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.037127506

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