For the readers interested in the stock health of Ramaco Resources Inc. (METC). It is currently valued at $14.69. When the transactions were called off in the previous session, Stock hit the highs of $14.83, after setting-off with the price of $13.98. Company’s stock value dipped to $13.71 during the trading on the day. When the trading was stopped its value was $13.85.Recently in News on January 3, 2022, Ramaco Resources, Inc. Announces Independent Director Resignations and New Director Appointment. Ramaco Resources, Inc. (NASDAQ: METC) (“Ramaco” or the “Company”) announced today that it has accepted the resignation of two independent directors associated with the private equity firm of Energy Capital Partners (“ECP”) and also announced the appointment of a new independent director. You can read further details here
Ramaco Resources Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $14.83 on 01/12/22, with the lowest value was $12.35 for the same time period, recorded on 01/06/22.
Ramaco Resources Inc. (METC) full year performance was 361.95%
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, Ramaco Resources Inc. shares are logging -26.51% during the 52-week period from high price, and 432.25% 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 $2.76 and $19.99.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1092929 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 Ramaco Resources Inc. (METC) recorded performance in the market was 8.01%, having the revenues showcasing -8.13% 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 637.11M, as it employees total of 349 workers.
Market experts do have their say about Ramaco Resources Inc. (METC)
During the last month, 0 analysts gave the Ramaco Resources Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.66, with a change in the price was noted +6.48. In a similar fashion, Ramaco Resources Inc. posted a movement of +78.93% for the period of last 100 days, recording 440,808 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 METC is recording 0.25 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.21.
Technical breakdown of Ramaco Resources Inc. (METC)
Raw Stochastic average of Ramaco Resources Inc. in the period of last 50 days is set at 52.08%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.68%. In the last 20 days, the company’s Stochastic %K was 86.35% and its Stochastic %D was recorded 77.44%.
Bearing in mind the latest performance of Ramaco Resources Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 8.01%. Additionally, trading for the stock in the period of the last six months notably improved by 150.26%, alongside a boost of 361.95% for the period of the last 12 months. The shares increased approximately by 13.88% in the 7-day charts and went down by 29.31% in the period of the last 30 days. Common stock shares were lifted by -8.13% during last recorded quarter.