A new trading day began on Friday, with Atlas Energy Solutions Inc (NYSE: AESI) stock price up 9.67% from the previous day of trading, before settling in for the closing price of $21.51. AESI’s price has ranged from $15.47 to $24.93 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 87.14%. Meanwhile, its annual earnings per share averaged -54.00%. With a float of $64.91 million, this company’s outstanding shares have now reached $100.03 million.
The extent of productivity of a business whose workforce counts for 490 workers is very important to gauge. 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
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 41.12%, while institutional ownership is 58.55%. The most recent insider transaction that took place on Nov 18 ’24, was worth 207,000. In this transaction Member of 10% Owner Group of this company sold 10,000 shares at a rate of $20.70, taking the stock ownership to the 482,010 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Member of 10% Owner Group sold 8,571 for $21.12, making the entire transaction worth $181,020. This insider now owns 926,175 shares in total.
Atlas Energy Solutions Inc (AESI) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.36 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -54.00% 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 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 2.03 in one year’s time.
Technical Analysis of Atlas Energy Solutions Inc (AESI)
The latest stats from [Atlas Energy Solutions Inc, AESI] show that its last 5-days average volume of 1.35 million was superior to 0.9 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.83%. Additionally, its Average True Range was 0.97.
During the past 100 days, Atlas Energy Solutions Inc’s (AESI) raw stochastic average was set at 93.85%, which indicates a significant increase from 90.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.74% in the past 14 days, which was higher than the 43.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.10, while its 200-day Moving Average is $21.11. Now, the first resistance to watch is $23.97. This is followed by the second major resistance level at $24.35. The third major resistance level sits at $24.71. If the price goes on to break the first support level at $23.23, it is likely to go to the next support level at $22.87. Assuming the price breaks the second support level, the third support level stands at $22.49.
Atlas Energy Solutions Inc (NYSE: AESI) Key Stats
With a market capitalization of 2.85 billion, the company has a total of 110,217K Shares Outstanding. Currently, annual sales are 613,960 K while annual income is 105,430 K. The company’s previous quarter sales were 304,430 K while its latest quarter income was 3,920 K.
