Ramaco Resources Inc (NASDAQ: METC) kicked off on Tuesday, up 9.55% from the previous trading day, before settling in for the closing price of $10.16. Over the past 52 weeks, METC has traded in a range of $9.03-$22.70.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 32.90%. While this was happening, its average annual earnings per share was recorded -68.98%. With a float of $26.40 million, this company’s outstanding shares have now reached $44.00 million.
Considering the fact that the conglomerate employs 811 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 21.02%, operating margin of 6.81%, and the pretax margin is 6.84%.
Ramaco Resources Inc (METC) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Coking Coal Industry. The insider ownership of Ramaco Resources Inc is 49.67%, while institutional ownership is 36.25%. The most recent insider transaction that took place on May 29 ’24, was worth 99,997. In this transaction GENERAL COUNSEL of this company bought 7,158 shares at a rate of $13.97, taking the stock ownership to the 23,480 shares. Before that another transaction happened on May 24 ’24, when Company’s GENERAL COUNSEL bought 1,769 for $14.13, making the entire transaction worth $25,000. This insider now owns 16,321 shares in total.
Ramaco Resources Inc (METC) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -68.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.23% during the next five years compared to 6.46% growth over the previous five years of trading.
Ramaco Resources Inc (NASDAQ: METC) Trading Performance Indicators
Take a look at Ramaco Resources Inc’s (METC) current performance indicators. Last quarter, stock had a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84. Likewise, its price to free cash flow for the trailing twelve months is 9.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.66, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 2.11 in one year’s time.
Technical Analysis of Ramaco Resources Inc (METC)
Compared to the last year’s volume of 0.69 million, its volume of 0.52 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 59.44%. Additionally, its Average True Range was 0.52.
During the past 100 days, Ramaco Resources Inc’s (METC) raw stochastic average was set at 32.51%, which indicates a significant decrease from 98.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.69% in the past 14 days, which was lower than the 57.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.74, while its 200-day Moving Average is $14.06. Nevertheless, the first resistance level for the watch stands at $11.66 in the near term. At $12.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.23. If the price goes on to break the first support level at $10.09, it is likely to go to the next support level at $9.05. Now, if the price goes above the second support level, the third support stands at $8.52.
Ramaco Resources Inc (NASDAQ: METC) Key Stats
The company with the Market Capitalisation of 585.94 million has total of 43,729K Shares Outstanding. Its annual sales at the moment are 693,520 K in contrast with the sum of 82,310 K annual income. Company’s last quarter sales were recorded 155,320 K and last quarter income was 5,540 K.
