Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -32.22%. However, over the last six months, the performance has been weaker by 33.06%. The price of AREC decreased -8.77% over the last 30 days. And in the last five days, it has surged by 6.11%.
American Resources Corporation had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $1.78 on 03/19/24, while the lowest price during the same period was $0.41 on 09/10/24.
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 -61.54% away from its 52-week high, while its distance from the 52-week low is 66.98%. The stock’s price range over this timeframe has been between $0.41 and $1.78. The shares of the Basic Materials sector company recorded a trading volume of approximately 0.79 million for the day, which was comparatively higher than the average daily volume of 0.39 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
American Resources Corporation (AREC) has experienced a quarterly decline of -32.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.00M 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 0.9451, with a change in price of +0.1947. Similarly, American Resources Corporation recorded 357,999 in trading volume during the last 100 days, posting a change of +39.74%.
AREC Stock Stochastic Average
American Resources Corporation’s raw stochastic average for the past 50 days is currently at 11.43%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 42.30%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.49% and 20.55%, respectively.
