Atlas Energy Solutions Inc. (NYSE: AESI) is 15.30% higher on its value in year-to-date trading and has touched a low of $15.47 and a high of $24.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AESI stock was last observed hovering at around $20.28 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $19.75, the stock is -6.29% and -5.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -2.61% at the moment leaves the stock -4.42% off its SMA200. AESI registered 0.81% gain for a year compared to 6-month gain of -11.88%. The firm has a 50-day simple moving average (SMA 50) of $20.9778 and a 200-day simple moving average (SMA200) of $20.69315.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -14.58% loss in the last 1 month and extending the period to 3 months gives it a -5.37%, and is -3.04% down 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 3.15% over the week and 3.48% over the month.
Atlas Energy Solutions Inc. (AESI) has around 490 employees, a market worth around $2.17B and $778.94M in sales. Current P/E ratio is 19.21 and Fwd P/E is 7.72. Profit margin for the company is 13.71%. Distance from 52-week low is 27.68% and -20.78% from its 52-week high. The company has generated returns on investments over the last 12 months (7.01%).
Atlas Energy Solutions Inc. quarterly earnings per share for the current quarter are estimated at 0.24 with sales reaching $308.29M over the same period.The EPS is expected to shrink by -44.11% this year, but quarterly earnings will post 78.40% year-over-year. Quarterly sales are estimated to grow 98.30% in year-over-year returns.
246.0 institutions hold shares in Atlas Energy Solutions Inc. (AESI), with institutional investors hold 94.80% of the company’s shares. The shares outstanding are 100.03M, and float is at 64.60M with Short Float at 14.56%. Institutions hold 54.38% of the Float.
Atlas Energy Solutions Inc. (AESI) Insider Activity
The most recent transaction is an insider purchase by SHEPARD GREGORY M, the company’s Member of 10% Owner Group. SEC filings show that SHEPARD GREGORY M bought 8,062 shares of the company’s common stock on Oct 21 ’24 at a price of $19.84 per share for a total of $0.16 million. Following the purchase, the insider now owns 7.52 million shares.
Atlas Energy Solutions Inc. disclosed in a document filed with the SEC on Oct 22 ’24 that SHEPARD GREGORY M (Member of 10% Owner Group) bought a total of 1,750 shares of the company’s common stock. The trade occurred on Oct 22 ’24 and was made at $19.81 per share for $34668.0. Following the transaction, the insider now directly holds 7.52 million shares of the AESI stock.
Still, SEC filings show that on Oct 18 ’24, SHEPARD GREGORY M (Member of 10% Owner Group) acquired 1,797 shares at an average price of $19.65 for $35311.0. The insider now directly holds 7,507,194 shares of Atlas Energy Solutions Inc. (AESI).
