Why Momentum Investors Should Watch Alliance Resource Partners, L.P. (ARLP)


Alliance Resource Partners, L.P. (NASDAQ:ARLP) went down by -5.74% from its latest closing price when compared to the 1-year high value of $16.74 and move down -436.54%, while ARLP stocks collected -5.74% of loss with the last five trading sessions. Press Release reported on 07/27/20 that Alliance Resource Partners, L.P. Reports Second Quarter 2020 Financial and Operating Results

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ARLP Market Performance

ARLP stocks went down by -5.74% for the week, with the monthly drop of -4.59% and a quarterly performance of -4.59%, while its annual performance rate touched -80.25%. The simple moving average for the period of the last 20 days is -7.14% for ARLP stocks with the simple moving average of -46.76% for the last 200 days.

Analysts’ Opinion on Alliance Resource Partners, L.P. (NASDAQ:ARLP)

Many brokerage firms have already submitted their reports for ARLP stocks, with The Benchmark Company repeating the rating for ARLP shares by setting it to “Buy”. The predicted price for ARLP socks in the upcoming period according to The Benchmark Company is $11 based on the research report published on February 4, 2020.

JP Morgan, on the other hand, stated in their research note that they expect to see ARLP stock at the price of $22, previously predicting the value of $23. The rating they have provided for ARLP stocks is “Neutral” according to the report published on August 19, 2019.

Seaport Global Securities gave “ Neutral” rating to ARLP stocks, setting the target price at $22 in the report published on July 29, 2019.

ARLP Stocks -6.06% Far from 50 Day Moving Average

After a stumble in the market that brought ARLP to its low price for the period of the last 52 weeks, Alliance Resource Partners, L.P. was unable to take a rebound, for now settling with -81.36% of loss for the given period.

The stock volatility was left at 5.69%, however, within the period of a single month, the volatility rate increased by 4.54%, while the shares sank at the distance of -6.02% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -13.09% lower at the present time.

In the course of the last 5 trading sessions, ARLP went down by -5.74%, which changed the moving average for the period of 200 days to the total of -74.68% of losses for the stock in comparison to the 20-day moving average settled at $3.35. In addition, Alliance Resource Partners, L.P. saw -71.16% in overturn over the period of a single year with a tendency to cut further losses.

ARLP Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Alliance Resource Partners, L.P. (ARLP), starting from Fouch Robert J, who bought 46,318 shares at the price of $4.01 back on Jun 12. After this action, Rushing now owns 46,318 shares of Alliance Resource Partners, L.P., valued at $185,735 with the latest closing price.

Fouch Robert J, the VP, Controller and CAO of Alliance Resource Partners, L.P., sold 59,065 shares at the value of $3.25 during a trade that took place back on May 12, which means that Fouch Robert J is holding 0 shares at the value of $191,961 based on the most recent closing price.

ARLP Stock Fundamentals

The current profitability levels are settled at +14.00 for the present operating margin and +17.72 for gross margin. The net margin for Alliance Resource Partners, L.P. stands at +20.03. Total capital return value is set at 13.82, while invested capital returns managed to touch 20.71. Equity return holds the value -10.90%, with -5.10% for asset returns.

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Based on Alliance Resource Partners, L.P. (ARLP), the company’s capital structure generated 64.58 points for debt to equity in total, while total debt to capital is set at the value of 39.24. Total debt to assets is settled at the value of 31.30 with long-term debt to equity ratio rests at 5.83 and long-term debt to capital is 62.60.

EBITDA value lies at +48.46 M with total debt to EBITDA carrying the value of 1.35. The value for Enterprise to Sales is 1.11 with debt to enterprise value settled at 0.37. The receivables turnover for Alliance Resource Partners, L.P. is 11.63 with the total asset turnover at the value of 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.

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