Archaea Energy Inc. (NYSE:LFG) went down by -6.15% from its latest closing price compared to the recent 1-year high of $23.75. The company’s stock price has collected -5.95% of loss in the last five trading sessions.
Is It Worth Investing in Archaea Energy Inc. (NYSE :LFG) Right Now?
Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for Archaea Energy Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $30.57, which is $11.82 above the current price. LFG currently public float of 51.90M and currently shorts hold a 6.93% ratio of that float. Today, the average trading volume of LFG was 1.37M shares.
LFG’s Market Performance
LFG stocks went down by -5.95% for the week, with a monthly drop of -0.50% and a quarterly performance of -7.88%, while its annual performance rate touched 4.56%. The volatility ratio for the week stands at 7.82% while the volatility levels for the past 30 days are set at 5.76% for Archaea Energy Inc. The simple moving average for the period of the last 20 days is -9.94% for LFG stocks with a simple moving average of -6.06% for the last 200 days.
Analysts’ Opinion of LFG
Many brokerage firms have already submitted their reports for LFG stocks, with Barclays repeating the rating for LFG by listing it as a “Overweight.” The predicted price for LFG in the upcoming period, according to Barclays is $26 based on the research report published on June 17th of the current year 2022.
Stifel, on the other hand, stated in their research note that they expect to see LFG reach a price target of $37. The rating they have provided for LFG stocks is “Buy” according to the report published on March 08th, 2022.
Johnson Rice gave a rating of “Buy” to LFG, setting the target price at $28 in the report published on October 14th of the previous year.
LFG Trading at -12.41% from the 50-Day Moving Average
After a stumble in the market that brought LFG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.17% of loss for the given period.
Volatility was left at 5.76%, however, over the last 30 days, the volatility rate increased by 7.82%, as shares sank -0.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.25% lower at present.
During the last 5 trading sessions, LFG fell by -5.95%, which changed the moving average for the period of 200-days by +10.22% in comparison to the 20-day moving average, which settled at $19.99. In addition, Archaea Energy Inc. saw -1.48% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at LFG starting from ARES MANAGEMENT LLC, who sale 14,942,643 shares at the price of $17.04 back on Mar 25. After this action, ARES MANAGEMENT LLC now owns 1,877 shares of Archaea Energy Inc., valued at $254,622,637 using the latest closing price.
Aria Renewable Energy Systems, the Director of Archaea Energy Inc., sale 14,942,643 shares at $17.04 during a trade that took place back on Mar 25, which means that Aria Renewable Energy Systems is holding 0 shares at $254,622,637 based on the most recent closing price.
Stock Fundamentals for LFG
Current profitability levels for the company are sitting at:
- -37.88 for the present operating margin
- +18.95 for the gross margin
The net margin for Archaea Energy Inc. stands at -6.68.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.