Ramaco Resources Inc (NASDAQ: METC) is -11.46% lower on its value in year-to-date trading and has touched a low of $8.17 and a high of $16.79 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 METC stock was last observed hovering at around $9.29 in the last trading session, with the day’s loss setting it -0.34%.
Currently trading at $8.95, the stock is -3.37% and -5.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -3.66% at the moment leaves the stock -19.47% off its SMA200. METC registered -44.33% loss for a year compared to 6-month loss of -7.40%. The firm has a 50-day simple moving average (SMA 50) of $9.470595 and a 200-day simple moving average (SMA200) of $11.133339.
The stock witnessed a -5.77% gain in the last 1 month and extending the period to 3 months gives it a -21.28%, and is -6.96% 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 5.41% over the week and 8.24% over the month.
Ramaco Resources Inc (METC) has around 811 employees, a market worth around $474.18M and $666.29M in sales. Current P/E ratio is 44.48 and Fwd P/E is 5.40. Profit margin for the company is 1.68%. Distance from 52-week low is 9.55% and -46.69% from its 52-week high. The company has generated returns on investments over the last 12 months (2.44%).
The EPS is expected to grow by 384.85% this year
211.0 institutions hold shares in Ramaco Resources Inc (METC), with institutional investors hold 80.23% of the company’s shares. The shares outstanding are 54.00M, and float is at 27.33M with Short Float at 14.64%. Institutions hold 72.12% of the Float.
The top institutional shareholder in the company is YORKTOWN ENERGY PARTNERS IX, L.P. with over 4.85 million shares valued at $60.44 million. The investor’s holdings represent 9.6277 of the METC Shares outstanding. As of 2024-06-30, the second largest holder is YORKTOWN ENERGY PARTNERS XI, L.P. with 4.84 million shares valued at $60.2 million to account for 9.5895 of the shares outstanding. The other top investors are YORKTOWN ENERGY PARTNERS X, L.P. which holds 3.2 million shares representing 6.3383 and valued at over $39.79 million, while POINT72 ASSET MANAGEMENT, L.P. holds 2.1835 of the shares totaling 1.1 million with a market value of $13.71 million.
Ramaco Resources Inc (METC) Insider Activity
Still, SEC filings show that on Mar 20 ’25, Yorktown Energy Partners IX, L (10% Owner) Proposed Sale 329,943 shares at an average price of $9.29 for $3.07 million. The insider now directly holds shares of Ramaco Resources Inc (METC).
