Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Antero Midstream Corp’s current trading price is -9.55% away from its 52-week high, while its distance from the 52-week low is 24.97%. The stock’s price range during this period has varied between $11.58 and $16.00. The company, active in the Energy sector, saw a trading volume of around 1.65 million for the day, considerably lower average daily volume of 2.89 million observed over the last three months.
Antero Midstream Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $16.00 on 11/29/24, while the lowest price during the same period was $11.58 on 02/14/24.
How Financial Performance Impacts Market Capitalization
Antero Midstream Corp (AM) has experienced a quarterly decline of -2.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.97B and boasts a workforce of 604 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.92, with a change in price of -0.03. Similarly, Antero Midstream Corp recorded 2,747,392 in trading volume during the last 100 days, posting a change of -0.17%.
How AM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AM stands at 1.49. Similarly, the long-term debt-to-equity ratio is also 1.49.
AM Stock Stochastic Average
As of today, the raw stochastic average of Antero Midstream Corp over the last 50 days is at 17.70%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 17.70%. Further, the company’s Stochastic %K and %D values for the last 20 days were 10.38% and 10.01%, respectively.
AM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 15.49%. However, over the past six months, we’ve seen a weaker performance of 0.15%. The price of AM leaped by -6.70% over the last 30 days. And in the last five days, it has fallen by -3.91%.
