A new trading day began on Friday, with Antero Midstream Corp (NYSE: AM) stock price down -1.29% from the previous day of trading, before settling in for the closing price of $15.51. AM’s price has ranged from $11.58 to $16.00 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 5.72% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 7.63%. With a float of $336.48 million, this company’s outstanding shares have now reached $481.30 million.
In an organization with 604 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 62.97%, operating margin of 55.57%, and the pretax margin is 45.6%.
Antero Midstream Corp (AM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Antero Midstream Corp is 30.09%, while institutional ownership is 55.82%. The most recent insider transaction that took place on Nov 05 ’24, was worth 146,600. In this transaction Director of this company sold 10,000 shares at a rate of $14.66, taking the stock ownership to the 74,100 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director proposed sale 10,000 for $14.66, making the entire transaction worth $146,552.
Antero Midstream Corp (AM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 7.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 18.48% growth over the previous five years of trading.
Antero Midstream Corp (NYSE: AM) Trading Performance Indicators
Here are Antero Midstream Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.33. Likewise, its price to free cash flow for the trailing twelve months is 11.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.98 in one year’s time.
Technical Analysis of Antero Midstream Corp (AM)
Let’s dig in a bit further. During the last 5-days, its volume was 2.79 million. That was better than the volume of 2.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.53%. Additionally, its Average True Range was 0.31.
During the past 100 days, Antero Midstream Corp’s (AM) raw stochastic average was set at 76.04%, which indicates a significant increase from 21.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.13% in the past 14 days, which was higher than the 23.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.30, while its 200-day Moving Average is $14.55. However, in the short run, Antero Midstream Corp’s stock first resistance to watch stands at $15.51. Second resistance stands at $15.70. The third major resistance level sits at $15.90. If the price goes on to break the first support level at $15.12, it is likely to go to the next support level at $14.92. Assuming the price breaks the second support level, the third support level stands at $14.73.
Antero Midstream Corp (NYSE: AM) Key Stats
With a market capitalization of 7.27 billion, the company has a total of 481,324K Shares Outstanding. Currently, annual sales are 1,042 M while annual income is 371,790 K. The company’s previous quarter sales were 269,870 K while its latest quarter income was 99,740 K.
