The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a gain of 21.97%.However, over the last six months, we can see a weaker performance of 8.05%. Over the last 30 days, the price of AREC has fallen by 1.26%. And in the last five days, it has surged by 21.97%.
At present, American Resources Corporation (AREC) has a stock price of $1.61. In the previous session, the stock saw a rise, peaking at $1.65 after an opening price of $1.35. The day’s lowest price was $1.28, and it closed at $1.23.
American Resources Corporation saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.16 on 06/20/23, while the lowest price for the same duration was marked at $1.04 on 05/01/23.
52-week price history of AREC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. American Resources Corporation’s current trading price is -25.46% away from its 52-week high, while its distance from the 52-week low is 54.81%. The stock’s price range during this period has varied between$1.04 and $2.16. The American Resources Corporation’s shares, which operate in the Basic Materials, saw a trading volume of around 1.24 million for the day, a figure considerably higher than their average daily volume of 0.19 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
American Resources Corporation (AREC) has experienced a quarterly rise of 18.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 125.92M and boasts a workforce of 17 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5741, with a change in price of -0.4400. Similarly, American Resources Corporation recorded 201,249 in trading volume during the last 100 days, posting a change of -21.46%.
AREC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AREC stands at 3.89. Similarly, the long-term debt-to-equity ratio is also 3.47.
AREC Stock Stochastic Average
As of today, American Resources Corporation’s raw stochastic average for the last 50 days stands at 69.50%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 90.91%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 34.48% and 15.92%, respectively.