American Resources Corporation (NASDAQ:AREC) currently has a daily average trading volume of 886.20K but it saw 1691413 shares traded in last market. With a market cap of 48.00M USD, the company’s current market price of $0.62 came falling about -4.94 while comparing to the previous closing price of $0.65. 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.
Taking a look at 20-day trading activity of American Resources Corporation (AREC) gives us an average price of $0.6075, while its current price level is -65.17% below from 52-week high level whereas it is 51.22% 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 $0.7238 while that of 200 days or SMA-200 reads an average of $0.8349. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.50% during that period while stretching the period over a month that decreases to 13.61%. 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 47.04 which implies that the stock is in neutral territory.
Over the week, AREC’s stock price is moving 16.91% up while it is -8.82% when we observe its performance for the past one month. Year-to-date it is -38.61% down and over the past year, the stock is showing a downside performance of -61.01%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of -0.13 while estimate for next year EPS is -0.44. In next quarter, company is expected to be making quarterly sales of $13.9M as analysts are expecting the sales for current fiscal year at $1.5M and seeing the company making $95.95M in sales next year. Moreover, analysts are in estimates of $1.3M for current-quarter revenue.
Currently, American Resources Corporation’s total number of outstanding shares is 77.40M with 34.51% of that held by the insiders while 7.82% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -19.63% and return on equity (ROE) at -4505.09%. It has a 17.71 of forward P/E ratio. Stock’s beta reads 0.84. Stock has a price to sale or P/S ratio amounts to 119.99. Its return on asset (ROA) is -20.85% on average.
