Atlas Energy Solutions Inc. (NYSE: AESI) on Tuesday, soared 1.75% from the previous trading day, before settling in for the closing price of $20.02. Within the past 52 weeks, AESI’s price has moved between $15.47 and $24.93.
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A company in the Energy sector has jumped its sales by 87.14% annually for the last half of the decade. The company achieved an average annual earnings per share of -47.11%. With a float of $64.59 million, this company’s outstanding shares have now reached $100.03 million.
In an organization with 490 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 25.97%, operating margin of 14.42%, and the pretax margin is 11.24%.
Atlas Energy Solutions Inc. (AESI) Insider Updates
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Atlas Energy Solutions Inc. is 41.21%, while institutional ownership is 53.56%. The most recent insider transaction that took place on Oct 24 ’24, was worth 455,515. In this transaction Member of 10% Owner Group of this company bought 23,300 shares at a rate of $19.55, taking the stock ownership to the 7,540,306 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Member of 10% Owner Group bought 8,062 for $19.84, making the entire transaction worth $159,950. This insider now owns 7,515,256 shares in total.
Atlas Energy Solutions Inc. (AESI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -47.11% per share during the next fiscal year.
Atlas Energy Solutions Inc. (NYSE: AESI) Trading Performance Indicators
Atlas Energy Solutions Inc. (AESI) is currently performing well based on its current performance indicators. A quick ratio of 1.35 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 2.61 in one year’s time.
Technical Analysis of Atlas Energy Solutions Inc. (AESI)
Let’s dig in a bit further. During the last 5-days, its volume was 1.33 million. That was better than the volume of 0.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.64%. Additionally, its Average True Range was 0.82.
During the past 100 days, Atlas Energy Solutions Inc.’s (AESI) raw stochastic average was set at 46.25%, which indicates a significant increase from 38.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.98% in the past 14 days, which was lower than the 39.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.98, while its 200-day Moving Average is $20.77. However, in the short run, Atlas Energy Solutions Inc.’s stock first resistance to watch stands at $21.59. Second resistance stands at $22.81. The third major resistance level sits at $23.57. If the price goes on to break the first support level at $19.61, it is likely to go to the next support level at $18.86. Assuming the price breaks the second support level, the third support level stands at $17.64.
Atlas Energy Solutions Inc. (NYSE: AESI) Key Stats
Market capitalization of the company is 2.24 billion based on 109,870K outstanding shares. Right now, sales total 613,960 K and income totals 105,430 K. The company made 287,520 K in profit during its latest quarter, and 14,840 K in sales during its previous quarter.
