The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -32.67%.However, over the last six months, we can see a weaker performance of 8.11%. Over the last 30 days, the price of AREC has leaped by -32.67%. And in the last five days, it has fallen by -2.20%.
American Resources Corporation’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.78 on 03/19/24 and a low of $0.41 for the same time frame on 09/10/24.
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 -61.80% away from its 52-week high, while its distance from the 52-week low is 65.85%. The stock’s price range during this period has varied between$0.41 and $1.78. The American Resources Corporation’s shares, which operate in the Basic Materials, saw a trading volume of around 0.57 million for the day, a figure considerably higher than their average daily volume of 0.38 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
American Resources Corporation (AREC) has experienced a quarterly decline of -35.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.64M and boasts a workforce of 23 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 0.9375, with a change in price of +0.2390. Similarly, American Resources Corporation recorded 344,128 in trading volume during the last 100 days, posting a change of +54.20%.
AREC Stock Stochastic Average
As of today, American Resources Corporation’s raw stochastic average for the last 50 days stands at 8.32%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 29.23%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 15.49% and 13.30%, respectively.
