Atlas Energy Solutions Inc’s (AESI) Stock: A 6.66% Simple Moving Average for the Past 20 Days

In the past week, AESI stock has gone up by 8.01%, with a monthly decline of -1.70% and a quarterly surge of 7.36%. The volatility ratio for the week is 4.06%, and the volatility levels for the last 30 days are 3.90% for Atlas Energy Solutions Inc The simple moving average for the past 20 days is 6.66% for AESI’s stock, with a 2.79% simple moving average for the past 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 27.87x, Company’s 36-month beta value is 0.66.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 5 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for AESI is 64.58M, and currently, short sellers hold a 15.29% ratio of that floaft. The average trading volume of AESI on November 07, 2024 was 822.84K shares.

AESI) stock’s latest price update

The stock of Atlas Energy Solutions Inc (NYSE: AESI) has increased by 6.19 when compared to last closing price of 20.18. Despite this, the company has experienced a 8.01% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-29 that Atlas Energy Solutions Inc. (NYSE:AESI ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Kyle Turlington – Vice President, Investor Relations Bud Brigham – Executive Chairman John Turner – Chief Executive Officer Blake McCarthy – Chief Financial Officer Chris Scholla – Chief Operating Officer Conference Call Participants Jim Rollyson – Raymond James Kurt Hallead – Benchmark Keith MacKey – RBC Capital Markets David Smith – Pickering Energy Partners Sean Mitchell – Daniel Energy Partners Neil Mehta – Goldman Sachs Asset Management Operator Greetings, and welcome to the Atlas Energy Solutions Third Quarter 2024 Financial and Operational Results Conference Call. At this time, all participants are in a listen only mode.

Analysts’ Opinion of AESI

The Benchmark Company gave a rating of “Buy” to AESI, setting the target price at $27 in the report published on May 23rd of the current year.

AESI Trading at 2.55% 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 -14.04% of loss for the given period.

Volatility was left at 3.90%, however, over the last 30 days, the volatility rate increased by 4.06%, as shares sank -1.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.46% lower at present.

During the last 5 trading sessions, AESI rose by +8.01%, which changed the moving average for the period of 200-days by +26.28% in comparison to the 20-day moving average, which settled at $20.09. In addition, Atlas Energy Solutions Inc saw 25.11% 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 SHEPARD GREGORY M, who purchase 13,363 shares at the price of $19.19 back on Nov 04 ’24. After this action, SHEPARD GREGORY M now owns 7,619,055 shares of Atlas Energy Solutions Inc, valued at $256,436 using the latest closing price.

SHEPARD GREGORY M, the Member of 10% Owner Group of Atlas Energy Solutions Inc, purchase 51,039 shares at $19.30 during a trade that took place back on Nov 01 ’24, which means that SHEPARD GREGORY M is holding 7,605,692 shares at $985,053 based on the most recent closing price.

Stock Fundamentals for AESI

Current profitability levels for the company are sitting at:

  • 0.14 for the present operating margin
  • 0.26 for the gross margin

The net margin for Atlas Energy Solutions Inc stands at 0.09. The total capital return value is set at 0.08. Equity return is now at value 16.76, with 5.06 for asset returns.

Based on Atlas Energy Solutions Inc (AESI), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is 4.63.

Currently, EBITDA for the company is 304.93 million with net debt to EBITDA at 1.78. When we switch over and look at the enterprise to sales, we see a ratio of 2.97. The receivables turnover for the company is 5.15for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.

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’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.

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