Ramaco Resources Inc (NASDAQ: METC) is 3.22% higher on its value in year-to-date trading and has touched a low of $5.93 and a high of $14.22 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 METC stock was last observed hovering at around $11.04 in the last trading session, with the day’s gains setting it 840.82%.
Currently trading at $851.86K, the stock is 11.34% and 21.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 1646056% at the moment leaves the stock 20.70% off its SMA200. METC registered 20.78% gain for a year compared to 6-month loss of 20.90%. The firm has a 50-day simple moving average (SMA 50) of $9.84 and a 200-day simple moving average (SMA200) of $10.064085.
The stock witnessed a 29.89% gain in the last 1 month and extending the period to 3 months gives it a 46.05%, and is 0.97% 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 7.24% over the week and 7.08% over the month.
Ramaco Resources Inc (METC) has around 984 employees, a market worth around $589.45M and $628.27M in sales. Fwd P/E is 9.46. Profit margin for the company is -0.05%. Distance from 52-week low is 93.80% and -19.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.06%).
The EPS is expected to shrink by -492.40% this year
211.0 institutions hold shares in Ramaco Resources Inc (METC), with institutional investors hold 84.14% of the company’s shares. The shares outstanding are 44.41M, and float is at 28.36M with Short Float at 13.36%. Institutions hold 75.29% 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 BLACKROCK INC. holds 4.5126 of the shares totaling 2.28 million with a market value of $28.33 million.
Ramaco Resources Inc (METC) Insider Activity
The most recent transaction is an insider sale by LEIDEL PETER A, the company’s Director. SEC filings show that LEIDEL PETER A sold 225,000 shares of the company’s common stock on Mar 26 ’25 at a price of $8.08 per share for a total of $1.82 million. Following the sale, the insider now owns 0.68 million shares.
Ramaco Resources Inc disclosed in a document filed with the SEC on Mar 25 ’25 that LEIDEL PETER A (Director) sold a total of 168,689 shares of the company’s common stock. The trade occurred on Mar 25 ’25 and was made at $8.52 per share for $1.44 million. Following the transaction, the insider now directly holds 0.69 million shares of the METC stock.
Still, SEC filings show that on Mar 27 ’25, LEIDEL PETER A (Director) disposed off 149,688 shares at an average price of $8.05 for $1.21 million. The insider now directly holds 668,723 shares of Ramaco Resources Inc (METC).
