Arch Resources Inc (NYSE: ARCH) is 5.88% higher on its value in year-to-date trading and has touched a low of $116.44 and a high of $186.65 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 ARCH stock was last observed hovering at around $174.37 in the last trading session, with the day’s loss setting it -1.01%.
Currently trading at $173.36, the stock is 5.51% and 16.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing -0.58% at the moment leaves the stock 13.77% off its SMA200. ARCH registered 7.76% gain for a year compared to 6-month loss of 2.53%. The firm has a 50-day simple moving average (SMA 50) of $148.4576 and a 200-day simple moving average (SMA200) of $152.72755.
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The stock witnessed a 19.01% gain in the last 1 month and extending the period to 3 months gives it a 28.21%, and is 3.76% 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 2.39% over the week and 3.16% over the month.
Arch Resources Inc (ARCH) has around 3400 employees, a market worth around $3.14B and $2.68B in sales. Current P/E ratio is 18.21 and Fwd P/E is 10.12. Profit margin for the company is 6.69%. Distance from 52-week low is 48.88% and -7.12% from its 52-week high. The company has generated returns on investments over the last 12 months (12.36%).
The EPS is expected to shrink by -81.89% this year
332.0 institutions hold shares in Arch Resources Inc (ARCH), with institutional investors hold 101.70% of the company’s shares. The shares outstanding are 18.36M, and float is at 17.35M with Short Float at 10.99%. Institutions hold 98.59% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.71 million shares valued at $413.14 million. The investor’s holdings represent 14.7921 of the ARCH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.32 million shares valued at $352.71 million to account for 12.6284 of the shares outstanding. The other top investors are STATE STREET CORP which holds 1.15 million shares representing 6.2816 and valued at over $175.44 million, while PACER ADVISORS, INC. holds 5.4564 of the shares totaling 1.0 million with a market value of $152.4 million.
Arch Resources Inc (ARCH) Insider Activity
The most recent transaction is an insider sale by Slone Deck, the company’s Sr. VP – Strategy & Public Pol. SEC filings show that Slone Deck sold 253 shares of the company’s common stock on Oct 14 ’24 at a price of $144.75 per share for a total of $36622.0. Following the sale, the insider now owns 29120.0 shares.
Arch Resources Inc disclosed in a document filed with the SEC on Oct 14 ’24 that Giljum Matthew C. (Sr. VP and CFO) sold a total of 169 shares of the company’s common stock. The trade occurred on Oct 14 ’24 and was made at $144.75 per share for $24463.0. Following the transaction, the insider now directly holds 40005.0 shares of the ARCH stock.
Still, SEC filings show that on Oct 14 ’24, DECK S SLONE (Officer) Proposed Sale 253 shares at an average price of $145.80 for $36887.0. The insider now directly holds shares of Arch Resources Inc (ARCH).
