American Resources Corporation (NASDAQ:AREC) currently has a daily average trading volume of 306.64K but it saw 2448850 shares traded in last market. With a market cap of 50.83M USD, the company’s current market price of $0.66 came falling about -35.00 while comparing to the previous closing price of $1.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.78 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.65 while lowest mark touched by it was $0.92.
Taking a look at 20-day trading activity of American Resources Corporation (AREC) gives us an average price of $1.1036, while its current price level is -63.12% below from 52-week high level whereas it is 60.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.0926 while that of 200 days or SMA-200 reads an average of $0.9851. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.24% during that period while stretching the period over a month that decreases to 9.01%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 26.80 which implies that the stock is in oversold territory.
Over the week, AREC’s stock price is moving -36.57% down while it is -44.83% when we observe its performance for the past one month. Year-to-date it is -35.00% down and over the past year, the stock is showing a downside performance of -57.09%.
Currently, American Resources Corporation’s total number of outstanding shares is 77.40M. Company’s return on investment (ROI) stands at -19.63% and return on equity (ROE) at -4505.09%. It has a 18.76 of forward P/E ratio. Stock’s beta reads 0.26. Stock has a price to sale or P/S ratio amounts to 127.07. Its return on asset (ROA) is -20.85% on average.
