Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Ramaco Resources Inc’s current trading price is -50.97% away from its 52-week high, while its distance from the 52-week low is 23.26%. The stock’s price range over this period has fluctuated between $9.03 and $22.70. The company, operating within the financial sector, had a trading volume of approximately 0.79 million for the day, which was noticeably higher than the average daily share volume of 0.51 million over the last 3 months.
Ramaco Resources Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $22.70 on 01/10/24 and a low of $9.03 for the same time frame on 09/10/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Ramaco Resources Inc (METC) has experienced a quarterly decline of -3.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 585.94M and boasts a workforce of 811 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.91, with a change in price of -1.45. Similarly, Ramaco Resources Inc recorded 542,007 in trading volume during the last 100 days, posting a change of -11.53%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for METC stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.23.
METC Stock Stochastic Average
Today’s raw stochastic average for Ramaco Resources Inc over the last 50 days is 56.00%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 85.16%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 39.86% and 23.06%, respectively.
METC Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -35.22% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -29.24%. Over the past 30 days, the price of METC has leaped by -4.05%. And in the last five days, it has surged by 9.66%.
