Can Antero Resources Corp’s (AR) drop of -0.80% in a week be considered a lucky break?

Antero Resources Corp (NYSE: AR) kicked off on Monday, down -0.21% from the previous trading day, before settling in for the closing price of $28.71. Over the past 52 weeks, AR has traded in a range of $20.10-$36.28.

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Annual sales at Energy sector company grew by 19.49% over the past five years. While this was happening, its average annual earnings per share was recorded -65.19%. With a float of $287.51 million, this company’s outstanding shares have now reached $303.54 million.

Let’s look at the performance matrix of the company that is accounted for 604 employees.

Antero Resources Corp (AR) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Antero Resources Corp is 7.55%, while institutional ownership is 83.99%. 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) Latest Financial update

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According to the Wall Street analysts, stocks earnings will be around -65.19% per share during the next fiscal year.

Antero Resources Corp (NYSE: AR) Trading Performance Indicators

Take a look at Antero Resources Corp’s (AR) current performance indicators. Last quarter, stock had a quick ratio of 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.03. Likewise, its price to free cash flow for the trailing twelve months is 11.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 2.42 in one year’s time.

Technical Analysis of Antero Resources Corp (AR)

Antero Resources Corp (NYSE: AR) saw its 5-day average volume 4.78 million, a positive change from its year-to-date volume of 4.16 million. As of the previous 9 days, the stock’s Stochastic %D was 70.23%. Additionally, its Average True Range was 0.93.

During the past 100 days, Antero Resources Corp’s (AR) raw stochastic average was set at 35.08%, which indicates a significant decrease from 84.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.01% in the past 14 days, which was lower than the 35.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $27.38, while its 200-day Moving Average is $28.08. Nevertheless, the first resistance level for the watch stands at $29.06 in the near term. At $29.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.98. If the price goes on to break the first support level at $28.14, it is likely to go to the next support level at $27.63. The third support level lies at $27.22 if the price breaches the second support level.

Antero Resources Corp (NYSE: AR) Key Stats

The company with the Market Capitalisation of 8.91 billion has total of 310,807K Shares Outstanding. Its annual sales at the moment are 4,682 M in contrast with the sum of 242,920 K annual income. Company’s last quarter sales were recorded 978,650 K and last quarter income was -65,660 K.