Ramaco Resources Inc (NASDAQ:METC) currently has a daily average trading volume of 1.08M but it saw 7705738 shares traded in last market. With a market cap of 856.39M USD, the company’s current market price of $16.63 came rising about 30.94 while comparing to the previous closing price of $12.7. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.29 and as low as $5.93. In the recent trading on the day, stock has struck highest price mark of $14.4 while lowest mark touched by it was $17.3294.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which initiated the stock as “Neutral” in its note to investors issued on January 16, 2024, recommending a price target of $21 for it. Jefferies upgraded its recommendation for the stock as a “Buy” from “Hold” on June 07, 2022 while assigning a price target range of $16-$25. The Benchmark Company issued its recommendations for the stock as it resumed the price target for the stock is $6.
Over the week, METC’s stock price is moving 38.47% up while it is 65.47% when we observe its performance for the past one month. Year-to-date it is 23.78% up and over the past year, the stock is showing an upside performance of 74.66%.
Currently, Ramaco Resources Inc’s total number of outstanding shares is 44.41M. Company’s return on investment (ROI) stands at -0.06% and return on equity (ROE) at -0.08%. It has a 14.39 of forward P/E ratio. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 2.56 while price to sale or P/S ratio amounts to 1.36. Its return on asset (ROA) is -0.04% on average.
