Atlas Energy Solutions Inc (AESI) is 12.88% away from 50-day simple Moving Average despite all headwinds

On Tuesday, Atlas Energy Solutions Inc (NYSE: AESI) was 2.43% up from the session before settling in for the closing price of $23.44. A 52-week range for AESI has been $15.47 – $24.93.

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Annual sales at Energy sector company grew by 87.14% over the past five years. When this article was written, the company’s average yearly earnings per share was at -54.73%. With a float of $65.07 million, this company’s outstanding shares have now reached $109.87 million.

Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership

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 40.96%, while institutional ownership is 58.57%. The most recent insider transaction that took place on Nov 25 ’24, was worth 720,600. In this transaction Member of 10% Owner Group of this company sold 30,000 shares at a rate of $24.02, taking the stock ownership to the 432,010 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Member of 10% Owner Group sold 116,500 for $23.68, making the entire transaction worth $2,758,720. This insider now owns 778,215 shares in total.

Atlas Energy Solutions Inc (AESI) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.36 earnings per share (EPS) during the time that was less than consensus figure (set at 0.51) by -0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -54.73% 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 2.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.91 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 1.14 million, a positive change from its year-to-date volume of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 83.02%. Additionally, its Average True Range was 0.93.

During the past 100 days, Atlas Energy Solutions Inc’s (AESI) raw stochastic average was set at 95.18%, which indicates a significant increase from 92.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.87% in the past 14 days, which was higher than the 42.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.27, while its 200-day Moving Average is $21.29. Nevertheless, the first resistance level for the watch stands at $24.37 in the near term. At $24.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.27. If the price goes on to break the first support level at $23.47, it is likely to go to the next support level at $22.93. The third support level lies at $22.57 if the price breaches the second support level.

Atlas Energy Solutions Inc (NYSE: AESI) Key Stats

There are 110,217K outstanding shares of the company, which has a market capitalization of 2.65 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.