A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -35.97% this year. Over the last six months, there has been a stronger performance of -34.64%. The price of METC leaped by -6.78% during the last 30 days period. For the last 5-days stocks have improved 10.89%.
Ramaco Resources Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $22.70 on 01/10/24, while the lowest value for the same period was recorded at $8.88 on 09/25/23.
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52-week price history of METC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ramaco Resources Inc’s current trading price is -51.54% away from its 52-week high, while its distance from the 52-week low is 23.87%. The stock’s price range during this period has varied between$8.88 and $22.70. The Ramaco Resources Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 1.03 million for the day, a figure considerably higher than their average daily volume of 0.56 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ramaco Resources Inc (METC) has experienced a quarterly decline of -5.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 576.95M and boasts a workforce of 811 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 12.83, with a change in price of -4.64. Similarly, Ramaco Resources Inc recorded 578,774 in trading volume during the last 100 days, posting a change of -29.67%.
METC’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 METC stands at 0.27. Similarly, the long-term debt-to-equity ratio is also 0.23.
METC Stock Stochastic Average
As of today, Ramaco Resources Inc’s raw stochastic average for the last 50 days stands at 30.73%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 52.53%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 37.24% and 31.85%, respectively.