Atlas Energy Solutions Inc. (NYSE: AESI) kicked off on Tuesday, down -3.63% from the previous trading day, before settling in for the closing price of $22.62. Over the past 52 weeks, AESI has traded in a range of $15.47-$24.93.
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During the last 5-year period, the sales growth of Energy Sector giant was 87.14%. While this was happening, its average annual earnings per share was recorded -18.94%. With a float of $64.59 million, this company’s outstanding shares have now reached $100.03 million.
Let’s determine the extent of company efficiency that accounts for 490 employees. In terms of profitability, gross margin is 34.21%, operating margin of 23.57%, and the pretax margin is 21.01%.
Atlas Energy Solutions Inc. (AESI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Atlas Energy Solutions Inc. is 41.21%, while institutional ownership is 53.29%. The most recent insider transaction that took place on Oct 03 ’24, was worth 184,191. In this transaction Member of 10% Owner Group of this company sold 8,571 shares at a rate of $21.49, taking the stock ownership to the 934,746 shares. Before that another transaction happened on Oct 03 ’24, when Company’s Director proposed sale 25,713 for $22.29, making the entire transaction worth $573,143.
Atlas Energy Solutions Inc. (AESI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.51 earnings per share (EPS), lower than consensus estimate (set at 0.66) by -0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.94% per share during the next fiscal year.
Atlas Energy Solutions Inc. (NYSE: AESI) Trading Performance Indicators
Take a look at Atlas Energy Solutions Inc.’s (AESI) current performance indicators. Last quarter, stock had a quick ratio of 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.03, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 3.04 in one year’s time.
Technical Analysis of Atlas Energy Solutions Inc. (AESI)
Looking closely at Atlas Energy Solutions Inc. (NYSE: AESI), its last 5-days average volume was 0.67 million, which is a drop from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 53.73%. Additionally, its Average True Range was 0.77.
During the past 100 days, Atlas Energy Solutions Inc.’s (AESI) raw stochastic average was set at 57.93%, which indicates a significant increase from 26.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.93% in the past 14 days, which was lower than the 40.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.85, while its 200-day Moving Average is $20.51. However, in the short run, Atlas Energy Solutions Inc.’s stock first resistance to watch stands at $22.20. Second resistance stands at $22.59. The third major resistance level sits at $22.81. If the price goes on to break the first support level at $21.59, it is likely to go to the next support level at $21.37. Should the price break the second support level, the third support level stands at $20.98.
Atlas Energy Solutions Inc. (NYSE: AESI) Key Stats
The company with the Market Capitalisation of 2.40 billion has total of 100,026K Shares Outstanding. Its annual sales at the moment are 613,960 K in contrast with the sum of 105,430 K annual income. Company’s last quarter sales were recorded 287,520 K and last quarter income was 14,840 K.
