Atlas Energy Solutions Inc (NYSE: AESI) is 20.26% 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 $21.43 in the last trading session, with the day’s loss setting it -0.83%.
Currently trading at $20.60, the stock is 2.53% and -1.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -3.87% at the moment leaves the stock -1.28% off its SMA200. AESI registered 13.91% gain for a year compared to 6-month loss of -10.17%. The firm has a 50-day simple moving average (SMA 50) of $20.8962 and a 200-day simple moving average (SMA200) of $20.8736.
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The stock witnessed a -4.85% gain in the last 1 month and extending the period to 3 months gives it a 5.59%, and is 5.26% 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 3.84% over the week and 3.89% over the month.
Atlas Energy Solutions Inc (AESI) has around 490 employees, a market worth around $2.27B and $925.76M in sales. Current P/E ratio is 26.80 and Fwd P/E is 9.15. Profit margin for the company is 8.78%. Distance from 52-week low is 33.18% and -17.37% from its 52-week high. The company has generated returns on investments over the last 12 months (5.43%).
The EPS is expected to shrink by -49.58% this year
253.0 institutions hold shares in Atlas Energy Solutions Inc (AESI), with institutional investors hold 94.99% of the company’s shares. The shares outstanding are 100.03M, and float is at 64.58M with Short Float at 15.29%. Institutions hold 54.42% 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 13,363 shares of the company’s common stock on Nov 04 ’24 at a price of $19.19 per share for a total of $0.26 million. Following the purchase, the insider now owns 7.62 million shares.
Atlas Energy Solutions Inc disclosed in a document filed with the SEC on Nov 01 ’24 that SHEPARD GREGORY M (Member of 10% Owner Group) bought a total of 51,039 shares of the company’s common stock. The trade occurred on Nov 01 ’24 and was made at $19.30 per share for $0.99 million. Following the transaction, the insider now directly holds 7.61 million shares of the AESI stock.
Still, SEC filings show that on Oct 31 ’24, SHEPARD GREGORY M (Member of 10% Owner Group) acquired 14,347 shares at an average price of $19.57 for $0.28 million. The insider now directly holds 7,554,653 shares of Atlas Energy Solutions Inc (AESI).
