In the past week, AMR stock has gone up by 1.15%, with a monthly gain of 8.43% and a quarterly plunge of -9.89%. The volatility ratio for the week is 4.67%, and the volatility levels for the last 30 days are 4.36% for Alpha Metallurgical Resources Inc The simple moving average for the past 20 days is 4.74% for AMR’s stock, with a 21.13% simple moving average for the past 200 days.
Is It Worth Investing in Alpha Metallurgical Resources Inc (NYSE: AMR) Right Now?
The price-to-earnings ratio for Alpha Metallurgical Resources Inc (NYSE: AMR) is above average at 7.00x. The 36-month beta value for AMR is also noteworthy at 1.40. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AMR is 10.87M, and at present, short sellers hold a 12.56% of that float. The average trading volume of AMR on April 26, 2024 was 248.49K shares.
AMR) stock’s latest price update
Alpha Metallurgical Resources Inc (NYSE: AMR) has experienced a rise in its stock price by 5.18 compared to its previous closing price of 324.31. However, the company has seen a gain of 1.15% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-17 that ASO, ALE and AMR have been added to the Zacks Rank #5 (Strong Sell) List on April 17, 2023.
Analysts’ Opinion of AMR
Many brokerage firms have already submitted their reports for AMR stocks, with TD Cowen repeating the rating for AMR by listing it as a “Market Perform.” The predicted price for AMR in the upcoming period, according to TD Cowen is $194 based on the research report published on August 21, 2023 of the previous year 2023.
Cowen, on the other hand, stated in their research note that they expect to see AMR reach a price target of $215. The rating they have provided for AMR stocks is “Outperform” according to the report published on July 12th, 2022.
B. Riley Securities gave a rating of “Buy” to AMR, setting the target price at $155 in the report published on March 10th of the previous year.
AMR Trading at -1.17% from the 50-Day Moving Average
After a stumble in the market that brought AMR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.54% of loss for the given period.
Volatility was left at 4.36%, however, over the last 30 days, the volatility rate increased by 4.67%, as shares surge +5.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.29% lower at present.
During the last 5 trading sessions, AMR rose by +1.15%, which changed the moving average for the period of 200-days by +111.82% in comparison to the 20-day moving average, which settled at $326.57. In addition, Alpha Metallurgical Resources Inc saw 0.64% 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 AMR starting from Gorzynski Michael, who purchase 15,000 shares at the price of $295.65 back on Mar 15 ’24. After this action, Gorzynski Michael now owns 605,449 shares of Alpha Metallurgical Resources Inc, valued at $4,434,702 using the latest closing price.
Courtis Kenneth S., the Director of Alpha Metallurgical Resources Inc, sale 25,000 shares at $298.50 during a trade that took place back on Mar 15 ’24, which means that Courtis Kenneth S. is holding 613,234 shares at $7,462,584 based on the most recent closing price.
Stock Fundamentals for AMR
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.28 for the gross margin
The net margin for Alpha Metallurgical Resources Inc stands at 0.21. The total capital return value is set at 0.41. Equity return is now at value 48.07, with 30.60 for asset returns.
Based on Alpha Metallurgical Resources Inc (AMR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 126.55. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 124.67.
Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of 1.2. The receivables turnover for the company is 6.81for trailing twelve months and the total asset turnover is 1.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.38.
Conclusion
In summary, Alpha Metallurgical Resources Inc (AMR) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
