Ramaco Resources Inc (NASDAQ:METC) currently has a daily average trading volume of 1.82M but it saw 1681649 shares traded in last market. With a market cap of 1.17B USD, the company’s current market price of $22.83 came rising about 1.06 while comparing to the previous closing price of $22.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.75 and as low as $5.93. In the recent trading on the day, stock has struck highest price mark of $22.345 while lowest mark touched by it was $23.5.
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 0.75% up while it is 103.29% when we observe its performance for the past one month. Year-to-date it is 80.86% up and over the past year, the stock is showing an upside performance of 139.77%.
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 19.76 of forward P/E ratio. Stock’s beta reads 1.42. Stock has a price to book (P/B) ratio of 3.51 while price to sale or P/S ratio amounts to 1.87. Its return on asset (ROA) is -0.04% on average.
