On Monday, Antero Resources Corp (NYSE: AR) opened lower -0.76% from the last session, before settling in for the closing price of $27.59. Price fluctuations for AR have ranged from $20.10 to $36.28 over the past 52 weeks.
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
A company in the Energy sector has jumped its sales by 19.49% annually for the last half of the decade. Company’s average yearly earnings per share was noted -13.01% at the time writing. With a float of $287.50 million, this company’s outstanding shares have now reached $303.54 million.
In an organization with 604 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 11.06%, operating margin of 4.82%, and the pretax margin is 4.14%.
Antero Resources Corp (AR) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Antero Resources Corp is 7.56%, while institutional ownership is 86.51%. The most recent insider transaction that took place on Aug 05 ’24, was worth 1,262,000. In this transaction an insider of this company sold 50,000 shares at a rate of $25.24, taking the stock ownership to the 248,363 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 50,000 for $25.24, making the entire transaction worth $1,261,813.
Antero Resources Corp (AR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.01% per share during the next fiscal year.
Antero Resources Corp (NYSE: AR) Trading Performance Indicators
Check out the current performance indicators for Antero Resources Corp (AR). In the past quarter, the stock posted a quick ratio of 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94. Likewise, its price to free cash flow for the trailing twelve months is 10.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 2.79 in one year’s time.
Technical Analysis of Antero Resources Corp (AR)
Let’s dig in a bit further. During the last 5-days, its volume was 3.02 million. That was inferior than the volume of 4.2 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.63%. Additionally, its Average True Range was 0.95.
During the past 100 days, Antero Resources Corp’s (AR) raw stochastic average was set at 22.35%, which indicates a significant decrease from 56.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.51% in the past 14 days, which was lower than the 35.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.00, while its 200-day Moving Average is $27.77. However, in the short run, Antero Resources Corp’s stock first resistance to watch stands at $27.88. Second resistance stands at $28.37. The third major resistance level sits at $28.64. If the price goes on to break the first support level at $27.12, it is likely to go to the next support level at $26.85. Assuming the price breaks the second support level, the third support level stands at $26.36.
Antero Resources Corp (NYSE: AR) Key Stats
There are currently 310,807K shares outstanding in the company with a market cap of 8.52 billion. Presently, the company’s annual sales total 4,682 M according to its annual income of 242,920 K. Last quarter, the company’s sales amounted to 978,650 K and its income totaled -65,660 K.
