Atlas Energy Solutions Inc. (AESI) Stock Experiences 17.92% Monthly Change

In the past week, AESI stock has gone up by 2.88%, with a monthly gain of 17.92% and a quarterly surge of 38.07%. The volatility ratio for the week is 1.98%, and the volatility levels for the last 30 days are 2.72% for Atlas Energy Solutions Inc. The simple moving average for the last 20 days is 5.22% for AESI stock, with a simple moving average of 19.11% for the last 200 days.

Is It Worth Investing in Atlas Energy Solutions Inc. (NYSE: AESI) Right Now?

The price-to-earnings ratio for Atlas Energy Solutions Inc. (NYSE: AESI) is above average at 14.05x, Company’s 36-month beta value is 0.63.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for AESI is 59.99M, and currently, short sellers hold a 8.63% ratio of that floaft. The average trading volume of AESI on April 04, 2024 was 809.56K shares.

AESI) stock’s latest price update

Atlas Energy Solutions Inc. (NYSE: AESI) has seen a rise in its stock price by 0.66 in relation to its previous close of 22.68. However, the company has experienced a 2.88% gain in its stock price over the last five trading sessions. MarketBeat reported 2024-03-25 that Dividend stocks are a dime a dozen, so it is important to weed the good from the bad. Among the many ways to filter dividend stocks is following the money, which means the analysts.

Analysts’ Opinion of AESI

Many brokerage firms have already submitted their reports for AESI stocks, with Goldman repeating the rating for AESI by listing it as a “Buy.” The predicted price for AESI in the upcoming period, according to Goldman is $24 based on the research report published on March 14, 2024 of the current year 2024.

Johnson Rice, on the other hand, stated in their research note that they expect to see AESI reach a price target of $24. The rating they have provided for AESI stocks is “Buy” according to the report published on April 12th, 2023.

CapitalOne gave a rating of “Overweight” to AESI, setting the target price at $25 in the report published on April 04th of the previous year.

AESI Trading at 17.85% from the 50-Day Moving Average

After a stumble in the market that brought AESI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.03% of loss for the given period.

Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares surge +12.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.27% upper at present.

During the last 5 trading sessions, AESI rose by +2.88%, which changed the moving average for the period of 200-days by +31.28% in comparison to the 20-day moving average, which settled at $21.83. In addition, Atlas Energy Solutions Inc. saw 32.94% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AESI starting from Schmidt Richard W, who sale 16,740 shares at the price of $22.21 back on Mar 26 ’24. After this action, Schmidt Richard W now owns 1,102,813 shares of Atlas Energy Solutions Inc., valued at $371,795 using the latest closing price.

Schmidt Richard W, the Member of 10% Owner Group of Atlas Energy Solutions Inc., sale 21,043 shares at $22.44 during a trade that took place back on Mar 25 ’24, which means that Schmidt Richard W is holding 1,119,553 shares at $472,205 based on the most recent closing price.

Stock Fundamentals for AESI

Current profitability levels for the company are sitting at:

  • 0.43 for the present operating margin
  • 0.51 for the gross margin

The net margin for Atlas Energy Solutions Inc. stands at 0.26. The total capital return value is set at 0.23. Equity return is now at value 15.29, with 10.48 for asset returns.

Based on Atlas Energy Solutions Inc. (AESI), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 1.73. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 34.48.

Currently, EBITDA for the company is 304.93 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 5.6. The receivables turnover for the company is 8.63for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.44.

Conclusion

In a nutshell, Atlas Energy Solutions Inc. (AESI) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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