A new trading day began on Tuesday, with Atlas Energy Solutions Inc. (NYSE: AESI) stock price down -2.06% from the previous day of trading, before settling in for the closing price of $20.40. AESI’s price has ranged from $15.47 to $24.93 over the past 52 weeks.
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Annual sales at Energy sector company grew by 87.14% over the past five years. Meanwhile, its annual earnings per share averaged -42.09%. With a float of $64.60 million, this company’s outstanding shares have now reached $100.03 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Atlas Energy Solutions Inc. is 41.20%, while institutional ownership is 53.27%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -42.09% per share during the next fiscal year.
Atlas Energy Solutions Inc. (NYSE: AESI) Trading Performance Indicators
Here are Atlas Energy Solutions Inc.’s current performance indicators. According to the last quarter’s results, the 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 2.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.03, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 2.59 in one year’s time.
Technical Analysis of Atlas Energy Solutions Inc. (AESI)
Atlas Energy Solutions Inc. (NYSE: AESI) saw its 5-day average volume 1.27 million, a positive change from its year-to-date volume of 0.87 million. As of the previous 9 days, the stock’s Stochastic %D was 21.06%. Additionally, its Average True Range was 0.83.
During the past 100 days, Atlas Energy Solutions Inc.’s (AESI) raw stochastic average was set at 35.52%, which indicates a significant increase from 13.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.52% in the past 14 days, which was lower than the 40.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.92, while its 200-day Moving Average is $20.60. Nevertheless, the first resistance level for the watch stands at $20.24 in the near term. At $20.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.77. If the price goes on to break the first support level at $19.72, it is likely to go to the next support level at $19.46. The third support level lies at $19.19 if the price breaches the second support level.
Atlas Energy Solutions Inc. (NYSE: AESI) Key Stats
With a market capitalization of 2.20 billion, the company has a total of 100,026K Shares Outstanding. Currently, annual sales are 613,960 K while annual income is 105,430 K. The company’s previous quarter sales were 287,520 K while its latest quarter income was 14,840 K.
