A peek at American Resources Corporation (AREC): Who has invested in It?

American Resources Corporation (NASDAQ: AREC) is 12.82% higher on its value in year-to-date trading and has touched a low of $0.32 and a high of $4.93 in the current 52-week trading range. The AREC stock was last observed hovering at around $2.20 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $3.75 for the next 12 months. It is also 42.67% off the consensus price target high of $3.75 offered by 2 analysts, but current levels are 42.67% higher than the price target low of $3.75 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $2.15, the stock is 12.71% and 23.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -2.27% at the moment leaves the stock 54.14% off its SMA200. AREC registered 285.96% gain for a year compared to 6-month gain of 48.65%. The firm has a 50-day simple moving average (SMA 50) of $1.8724 and a 200-day simple moving average (SMA200) of $1.5518.

The stock witnessed a 17.02% loss in the last 1 month and extending the period to 3 months gives it a 22.22%, and is 1.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.82% over the week and 10.13% over the month.

American Resources Corporation (AREC) has around 10 employees, a market worth around $79.05M and $7.30M in sales. Fwd P/E is 7.86. Distance from 52-week low is 571.88% and -56.39% from its 52-week high.

American Resources Corporation (AREC) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for American Resources Corporation (AREC) is a “Overweight”. 2 analysts offering their recommendations for the stock have an average rating of 2.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

American Resources Corporation is expected to release its quarterly report on 06/17/2021 and quarterly earnings per share for the current quarter are estimated at -$0.09 with sales reaching $4.3M over the same period.The EPS is expected to grow by 20.60% this year, but quarterly earnings will post -66.10% year-over-year. Quarterly sales are estimated to shrink -31.70% in year-over-year returns.

American Resources Corporation (AREC) Top Institutional Holders

8 institutions hold shares in American Resources Corporation (AREC), with 19.32M shares held by insiders accounting for 54.26% while institutional investors hold 18.35% of the company’s shares. The shares outstanding are 26.79M, and float is at 16.28M with Short Float at 1.95%. Institutions hold 8.39% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 0.33 million shares valued at $0.49 million. The investor’s holdings represent 1.81% of the AREC Shares outstanding. As of Sep 29, 2020, the second largest holder is Bank Of New York Mellon Corporation with 37084.0 shares valued at $55626.0 to account for 0.20% of the shares outstanding. The other top investors are HRT Financial LLC which holds 10200.0 shares representing 0.06% and valued at over $15300.0, while Northern Trust Corporation holds 0.06% of the shares totaling 10146.0 with a market value of $15219.0.

American Resources Corporation (AREC) Insider Activity

A total of 0 insider transactions have happened at American Resources Corporation (AREC) in the last six months, with sales accounting for 0 and purchases happening 0 times.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free