Atlas Energy Solutions Inc (AESI) average volume reaches $838.47K: Is Wall Street expecting a rally?

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On Monday, Atlas Energy Solutions Inc (NYSE: AESI) was 6.64% up from the session before settling in for the closing price of $20.64. A 52-week range for AESI has been $15.47 – $24.93.

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During the last 5-year period, the sales growth of Energy Sector giant was 87.14%. When this article was written, the company’s average yearly earnings per share was at -51.75%. With a float of $64.52 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 25.97%, operating margin of 14.42%, and the pretax margin is 11.24%.

Atlas Energy Solutions Inc (AESI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Atlas Energy Solutions Inc stocks. The insider ownership of Atlas Energy Solutions Inc is 41.29%, while institutional ownership is 54.70%. The most recent insider transaction that took place on Nov 06 ’24, was worth 427,900. In this transaction Member of 10% Owner Group of this company sold 20,000 shares at a rate of $21.39, taking the stock ownership to the 512,010 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Member of 10% Owner Group bought 13,363 for $19.19, making the entire transaction worth $256,436. This insider now owns 7,619,055 shares in total.

Atlas Energy Solutions Inc (AESI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -51.75% per share during the next fiscal year.

Atlas Energy Solutions Inc (NYSE: AESI) Trading Performance Indicators

You can see what Atlas Energy Solutions Inc (AESI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 2.18 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 1.25 million, which is a jump from its year-to-date volume of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 66.30%. Additionally, its Average True Range was 0.90.

During the past 100 days, Atlas Energy Solutions Inc’s (AESI) raw stochastic average was set at 72.59%, which indicates a significant decrease from 96.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.97% in the past 14 days, which was higher than the 40.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.90, while its 200-day Moving Average is $20.93. However, in the short run, Atlas Energy Solutions Inc’s stock first resistance to watch stands at $22.56. Second resistance stands at $23.12. The third major resistance level sits at $24.11. If the price goes on to break the first support level at $21.01, it is likely to go to the next support level at $20.02. Should the price break the second support level, the third support level stands at $19.46.

Atlas Energy Solutions Inc (NYSE: AESI) Key Stats

There are 110,217K outstanding shares of the company, which has a market capitalization of 2.43 billion. As of now, sales total 613,960 K while income totals 105,430 K. Its latest quarter income was 304,430 K while its last quarter net income were 3,920 K.