As on Thursday, Ramaco Resources Inc (NASDAQ: METC) started slowly as it slid -4.22% to $10.43, before settling in for the price of $10.89 at the close. Taking a more long-term approach, METC posted a 52-week range of $8.93-$22.45.
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The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded 32.90%. Meanwhile, its Annual Earning per share during the time was 6.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -78.12%. This publicly-traded company’s shares outstanding now amounts to $43.80 million, simultaneously with a float of $27.34 million. The organization now has a market capitalization sitting at $542.00 million. At the time of writing, stock’s 50-day Moving Average stood at $11.61, while the 200-day Moving Average is $13.16.
Ramaco Resources Inc (METC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Coking Coal industry. Ramaco Resources Inc’s current insider ownership accounts for 48.16%, in contrast to 36.05% institutional ownership. According to the most recent insider trade that took place on May 29 ’24, this organization’s GENERAL COUNSEL bought 7,158 shares at the rate of 13.97, making the entire transaction reach 99,997 in total value, affecting insider ownership by 23,480. Preceding that transaction, on May 24 ’24, Company’s GENERAL COUNSEL bought 1,769 for 14.13, making the whole transaction’s value amount to 25,000. This particular insider is now the holder of 16,321 in total.
Ramaco Resources Inc (METC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Ramaco Resources Inc’s EPS decrease for this current 12-month fiscal period is -78.12% and is forecasted to reach 2.19 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.23% through the next 5 years, which can be compared against the 6.46% growth it accomplished over the previous five years trading on the market.
Ramaco Resources Inc (NASDAQ: METC) Trading Performance Indicators
Let’s observe the current performance indicators for Ramaco Resources Inc (METC). It’s Quick Ratio in the last reported quarter now stands at 0.86. The Stock has managed to achieve an average true range (ATR) of 0.78. Alongside those numbers, its PE Ratio stands at $15.12, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.78. Similarly, its price to free cash flow for trailing twelve months is now 8.65.
In the same vein, METC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.69, a figure that is expected to reach 0.29 in the next quarter, and analysts are predicting that it will be 2.19 at the market close of one year from today.
Technical Analysis of Ramaco Resources Inc (METC)
Through scrutinizing the latest numbers posted by the [Ramaco Resources Inc, METC], it can be observed that its last 5-days Average volume of 0.5 million was lower the volume of 0.67 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 5.68% While, its Average True Range was 0.80.
Raw Stochastic average of Ramaco Resources Inc (METC) in the period of the previous 100 days is set at 24.78%, which indicates a major rise in contrast to 2.52% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 80.43% that was higher than 64.76% volatility it exhibited in the past 100-days period.
