A Few Bright Spots In American Resources Corporation (NASDAQ: AREC)

American Resources Corporation (NASDAQ:AREC) currently has a daily average trading volume of 6.12M but it saw 956079 shares traded in last market. With a market cap of 69.68M USD, the company’s current market price of $0.90 came rising about 2.39 while comparing to the previous closing price of $0.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.68 and as low as $0.38.

Taking a look at 20-day trading activity of American Resources Corporation (AREC) gives us an average price of $0.9750, while its current price level is -46.43% below from 52-week high level whereas it is 136.84% 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 $0.6904 while that of 200 days or SMA-200 reads an average of $0.7829. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.24% during that period while stretching the period over a month that increases to 21.22%. 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 54.80 which implies that the stock is in neutral territory.

Over the week, AREC’s stock price is moving 5.14% up while it is 41.75% when we observe its performance for the past one month. Year-to-date it is -10.89% down and over the past year, the stock is showing a downside performance of -30.23%.

Currently, American Resources Corporation’s total number of outstanding shares is 77.40M. Company’s return on investment (ROI) stands at -19.63%. Stock’s beta reads 0.94. Stock has a price to sale or P/S ratio amounts to 174.19. Its return on asset (ROA) is -20.85% on average.