Alpha Metallurgical Resources Inc (NYSE: AMR) is -26.04% lower on its value in year-to-date trading and has touched a low of $185.00 and a high of $452.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMR stock was last observed hovering at around $247.05 in the last trading session, with the day’s gains setting it 3.61%.
Currently trading at $250.66, the stock is 6.19% and 10.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 1.46% at the moment leaves the stock -11.08% off its SMA200. AMR registered -9.22% loss for a year compared to 6-month loss of -19.98%. The firm has a 50-day simple moving average (SMA 50) of $225.0554 and a 200-day simple moving average (SMA200) of $282.5315.
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The stock witnessed a 19.45% gain in the last 1 month and extending the period to 3 months gives it a 4.66%, and is 3.00% 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 3.31% over the week and 3.97% over the month.
Alpha Metallurgical Resources Inc (AMR) has around 4160 employees, a market worth around $3.26B and $3.30B in sales. Current P/E ratio is 9.19 and Fwd P/E is 7.06. Profit margin for the company is 11.08%. Distance from 52-week low is 35.49% and -44.54% from its 52-week high. The company has generated returns on investments over the last 12 months (22.11%).
The EPS is expected to shrink by -68.97% this year
368.0 institutions hold shares in Alpha Metallurgical Resources Inc (AMR), with institutional investors hold 97.00% of the company’s shares. The shares outstanding are 12.94M, and float is at 10.89M with Short Float at 8.86%. Institutions hold 86.14% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.9 million shares valued at $532.3 million. The investor’s holdings represent 14.5936 of the AMR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.25 million shares valued at $349.94 million to account for 9.5856 of the shares outstanding. The other top investors are STATE STREET CORP which holds 0.72 million shares representing 5.5506 and valued at over $202.46 million, while DIMENSIONAL FUND ADVISORS LP holds 5.4149 of the shares totaling 0.7 million with a market value of $197.5 million.
Alpha Metallurgical Resources Inc (AMR) Insider Activity
The most recent transaction is an insider sale by Nicholson Roger Lee, the company’s CAO, GC & Secretary. SEC filings show that Nicholson Roger Lee sold 3,593 shares of the company’s common stock on May 14 ’24 at a price of $290.16 per share for a total of $1.04 million. Following the sale, the insider now owns 6127.0 shares.
Alpha Metallurgical Resources Inc disclosed in a document filed with the SEC on Mar 15 ’24 that Courtis Kenneth S. (Director) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $298.50 per share for $7.46 million. Following the transaction, the insider now directly holds 0.61 million shares of the AMR stock.
Still, SEC filings show that on Mar 15 ’24, Gorzynski Michael (Director) acquired 15,000 shares at an average price of $295.65 for $4.43 million. The insider now directly holds 605,449 shares of Alpha Metallurgical Resources Inc (AMR).