Antero Midstream Corp (NYSE: AM) on Friday, soared 0.11% from the previous trading day, before settling in for the closing price of $17.78. Within the past 52 weeks, AM’s price has moved between $13.12 and $17.82.
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A company in the Energy sector has jumped its sales by 6.88% annually for the last half of the decade. The company achieved an average annual earnings per share of 16.48%. With a float of $332.86 million, this company’s outstanding shares have now reached $479.42 million.
In an organization with 616 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 63.57%, operating margin of 56.01%, and the pretax margin is 46.62%.
Antero Midstream Corp (AM) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Antero Midstream Corp is 30.45%, while institutional ownership is 57.32%. The most recent insider transaction that took place on Dec 13 ’24, was worth 17,739. In this transaction Director of this company bought 1,174 shares at a rate of $15.11, taking the stock ownership to the 68,320 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director sold 10,000 for $14.66, making the entire transaction worth $146,600. This insider now owns 74,100 shares in total.
Antero Midstream Corp (AM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 16.48% per share during the next fiscal year.
Antero Midstream Corp (NYSE: AM) Trading Performance Indicators
Antero Midstream Corp (AM) is currently performing well based on its current performance indicators. A quick ratio of 1.17 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.24. Likewise, its price to free cash flow for the trailing twelve months is 14.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.10 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 7.85 million. That was better than the volume of 3.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.87%. Additionally, its Average True Range was 0.41.
During the past 100 days, Antero Midstream Corp’s (AM) raw stochastic average was set at 95.34%, which indicates a significant increase from 90.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.00% in the past 14 days, which was lower than the 27.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.47, while its 200-day Moving Average is $15.27. However, in the short run, Antero Midstream Corp’s stock first resistance to watch stands at $17.97. Second resistance stands at $18.13. The third major resistance level sits at $18.29. If the price goes on to break the first support level at $17.64, it is likely to go to the next support level at $17.48. The third support level lies at $17.32 if the price breaches the second support level.
Antero Midstream Corp (NYSE: AM) Key Stats
Market capitalization of the company is 8.52 billion based on 478,606K outstanding shares. Right now, sales total 1,106 M and income totals 400,890 K. The company made 287,480 K in profit during its latest quarter, and 111,190 K in sales during its previous quarter.
