Let’s look at the key reasons that are pushing Warrior Met Coal Inc (HCC) to new highs

Warrior Met Coal Inc (NYSE: HCC) kicked off on Tuesday, up 8.60% from the previous trading day, before settling in for the closing price of $62.82. Over the past 52 weeks, HCC has traded in a range of $31.69-$69.36.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Basic Materials Sector giant was 9.95%. While this was happening, its average annual earnings per share was recorded -19.69%. With a float of $51.38 million, this company’s outstanding shares have now reached $52.02 million.

Let’s determine the extent of company efficiency that accounts for 1143 employees.

Warrior Met Coal Inc (HCC) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Coking Coal Industry. The insider ownership of Warrior Met Coal Inc is 1.75%, while institutional ownership is 92.28%. The most recent insider transaction that took place on Feb 23 ’24, was worth 116,300. In this transaction Director of this company bought 2,000 shares at a rate of $58.15, taking the stock ownership to the 30,270 shares. Before that another transaction happened on Nov 08 ’23, when Company’s Director sold 80,000 for $45.60, making the entire transaction worth $3,648,000. This insider now owns 21,393 shares in total.

Warrior Met Coal Inc (HCC) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 9.92 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -19.69% per share during the next fiscal year.

Warrior Met Coal Inc (NYSE: HCC) Trading Performance Indicators

Take a look at Warrior Met Coal Inc’s (HCC) current performance indicators. Last quarter, stock had a quick ratio of 5.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 20.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.20, a number that is poised to hit 2.58 in the next quarter and is forecasted to reach 6.37 in one year’s time.

Technical Analysis of Warrior Met Coal Inc (HCC)

Looking closely at Warrior Met Coal Inc (NYSE: HCC), its last 5-days average volume was 0.86 million, which is a jump from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 84.52%. Additionally, its Average True Range was 2.74.

During the past 100 days, Warrior Met Coal Inc’s (HCC) raw stochastic average was set at 90.26%, which indicates a significant decrease from 95.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.15% in the past 14 days, which was higher than the 39.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $58.68, while its 200-day Moving Average is $52.16. However, in the short run, Warrior Met Coal Inc’s stock first resistance to watch stands at $70.68. Second resistance stands at $73.14. The third major resistance level sits at $77.48. If the price goes on to break the first support level at $63.88, it is likely to go to the next support level at $59.54. Now, if the price goes above the second support level, the third support stands at $57.08.

Warrior Met Coal Inc (NYSE: HCC) Key Stats

The company with the Market Capitalisation of 3.57 billion has total of 52,297K Shares Outstanding. Its annual sales at the moment are 1,677 M in contrast with the sum of 478,630 K annual income. Company’s last quarter sales were recorded 363,800 K and last quarter income was 128,880 K.