Ramaco Resources Inc (NASDAQ: METC) is 62.19% higher on its value in year-to-date trading and has touched a low of $5.93 and a high of $19.94 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 $19.12 in the last trading session, with the day’s gains setting it 2.82%.
Currently trading at $21.94, the stock is 67.48% and 104.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.95 million and changing 14.75% at the moment leaves the stock 123.04% off its SMA200. METC registered 130.43% gain for a year compared to 6-month gain of 162.98%. The firm has a 50-day simple moving average (SMA 50) of $10.7032 and a 200-day simple moving average (SMA200) of $10.281935.
The stock witnessed a 114.05% loss in the last 1 month and extending the period to 3 months gives it a 167.74%, and is 68.77% 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 13.07% over the week and 11.94% over the month.
Ramaco Resources Inc (METC) has around 984 employees, a market worth around $1.12B and $628.27M in sales. Fwd P/E is 18.99. Profit margin for the company is -0.05%. Distance from 52-week low is 269.74% and 10.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.06%).
with sales reaching $131.55M over the same period.The EPS is expected to shrink by -518.13% this year, but quarterly earnings will post -7.23% year-over-year. Quarterly sales are estimated to shrink -15.30% in year-over-year returns.
Ramaco Resources Inc (METC) Top Institutional Holders
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 15.42%. 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).
