Alliance Resource Partners, LP (NASDAQ: ARLP) kicked off on Tuesday, down -5.26% from the previous trading day, before settling in for the closing price of $24.91. Over the past 52 weeks, ARLP has traded in a range of $17.40-$25.53.
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During the last 5-year period, the sales growth of Energy Sector giant was 8.81%. While this was happening, its average annual earnings per share was recorded -17.98%. With a float of $88.75 million, this company’s outstanding shares have now reached $127.13 million.
Let’s determine the extent of company efficiency that accounts for 3595 employees.
Alliance Resource Partners, LP (ARLP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Thermal Coal Industry. The insider ownership of Alliance Resource Partners, LP is 30.70%, while institutional ownership is 17.94%. The most recent insider transaction that took place on Dec 06 ’23, was worth 691,571. In this transaction 10% Owner of this company sold 34,492 shares at a rate of $20.05, taking the stock ownership to the 16,167,865 shares. Before that another transaction happened on Dec 05 ’23, when Company’s 10% Owner sold 33,087 for $20.62, making the entire transaction worth $682,095. This insider now owns 16,202,357 shares in total.
Alliance Resource Partners, LP (ARLP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -17.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.83% during the next five years compared to 11.92% growth over the previous five years of trading.
Alliance Resource Partners, LP (NASDAQ: ARLP) Trading Performance Indicators
Take a look at Alliance Resource Partners, LP’s (ARLP) current performance indicators. Last quarter, stock had a quick ratio of 1.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 7.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.57, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 3.71 in one year’s time.
Technical Analysis of Alliance Resource Partners, LP (ARLP)
Looking closely at Alliance Resource Partners, LP (NASDAQ: ARLP), its last 5-days average volume was 0.58 million, which is a jump from its year-to-date volume of 0.47 million. As of the previous 9 days, the stock’s Stochastic %D was 68.54%. Additionally, its Average True Range was 0.72.
During the past 100 days, Alliance Resource Partners, LP’s (ARLP) raw stochastic average was set at 73.23%, which indicates a significant increase from 37.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.09% in the past 14 days, which was higher than the 28.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.99, while its 200-day Moving Average is $21.22. However, in the short run, Alliance Resource Partners, LP’s stock first resistance to watch stands at $24.59. Second resistance stands at $25.59. The third major resistance level sits at $26.16. If the price goes on to break the first support level at $23.02, it is likely to go to the next support level at $22.45. Should the price break the second support level, the third support level stands at $21.45.
Alliance Resource Partners, LP (NASDAQ: ARLP) Key Stats
The company with the Market Capitalisation of 3.02 billion has total of 128,062K Shares Outstanding. Its annual sales at the moment are 2,567 M in contrast with the sum of 630,120 K annual income. Company’s last quarter sales were recorded 651,700 K and last quarter income was 158,060 K.
