Let’s start up with the current stock price of Alliance Resource Partners L.P. (ARLP), which is $3.33 to be very precise. The Stock rose vividly during the last session to $3.20 after opening rate of $2.86 while the lowest price it went was recorded $2.80 before closing at $3.12.
Recently in News on October 26, 2020, Alliance Resource Partners LP to Host Earnings Call. NEW YORK, NY / ACCESSWIRE / October 26, 2020 / Alliance Resource Partners LP (NASDAQ:ARLP) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 26, 2020 at 10:00 AM Eastern Time. You can read further details here
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Alliance Resource Partners L.P. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $12.02 on 01/08/20, with the lowest value was $2.63 for the same time period, recorded on 10/19/20.
Alliance Resource Partners L.P. (ARLP) full year performance was -77.41%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Alliance Resource Partners L.P. shares are logging -76.54% during the 52-week period from high price, and 26.48% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.63 and $14.18.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1088669 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Alliance Resource Partners L.P. (ARLP) recorded performance in the market was -71.16%, having the revenues showcasing -8.77% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 358.71M, as it employees total of 3602 workers.
Analysts verdict on Alliance Resource Partners L.P. (ARLP)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.24, with a change in the price was noted -0.02. In a similar fashion, Alliance Resource Partners L.P. posted a movement of -0.61% for the period of last 100 days, recording 609,790 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ARLP is recording 0.75 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.70.
Alliance Resource Partners L.P. (ARLP): Technical Analysis
Raw Stochastic average of Alliance Resource Partners L.P. in the period of last 50 days is set at 50.82%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 72.08%. In the last 20 days, the company’s Stochastic %K was 68.92% and its Stochastic %D was recorded 51.19%.
Let’s take a glance in the erstwhile performances of Alliance Resource Partners L.P., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -71.16%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -7.96%, alongside a downfall of -77.41% for the period of the last 12 months. The shares increased approximately by 16.42% in the 7-day charts and went up by 9.09% in the period of the last 30 days. Common stock shares were lifted by -8.77% during last recorded quarter.