Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -16.11%. However, over the last six months, the performance has been weaker by 7.76%. The price of AREC increased 13.64% over the last 30 days. And in the last five days, it has surged by 17.92%.
The market performance of American Resources Corporation has been somewhat unstable. Over the past year, the company’s stock achieved a high of $1.86 on 11/28/23, with the lowest value for the same timeframe being $0.41, recorded on 09/10/24.
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52-week price history of AREC Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. American Resources Corporation’s current trading price is -32.80% away from its 52-week high, while its distance from the 52-week low is 204.88%. The stock’s price range over this timeframe has been between $0.41 and $1.86. The shares of the Basic Materials sector company recorded a trading volume of approximately 0.24 million for the day, which was comparatively lower than the average daily volume of 0.29 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
American Resources Corporation (AREC) has experienced a quarterly rise of 145.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 96.77M and boasts a workforce of 23 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7854, with a change in price of +0.4200. Similarly, American Resources Corporation recorded 300,876 in trading volume during the last 100 days, posting a change of +50.60%.
AREC Stock Stochastic Average
American Resources Corporation’s raw stochastic average for the past 50 days is currently at 89.74%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 83.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 80.27% and 77.87%, respectively.
