In recent trading session, American Resources Corporation (NASDAQ:AREC) saw 6.59 million shares changing hands at last check today with its beta currently measuring 1.22. Company’s recent per share price level of $0.42 trading at $0.01 or 1.40% at last check today assigns it a market valuation of $32.58M. That most recent trading price of AREC’s stock is at a discount of -278.57% from its 52-week high price of $1.59 and is indicating a premium of 2.38% from its 52-week low price of $0.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.8 million shares which gives us an average trading volume of 1.15 million if we extend that period to 3-months.
For American Resources Corporation (AREC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.
American Resources Corporation (NASDAQ:AREC) trade information
Upright in the green today for gaining 1.40%, in the last five days AREC remained trading in the red while hitting it’s week-highest on Monday, 03/31/25 when the stock touched $0.42 price level, adding 13.06% to its value on the day. American Resources Corporation’s shares saw a change of -58.34% in year-to-date performance and have moved -14.12% in past 5-day. American Resources Corporation (NASDAQ:AREC) showed a performance of -30.25% in past 30-days. Number of shares sold short was 3.89 million shares which calculate 1.89 days to cover the short interests.
American Resources Corporation (AREC) estimates and forecasts
This year revenue growth is estimated to fall -91.04% from the last financial year’s standing. 2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.3M for the same. And 2 analysts are in estimates of company making revenue of 13.9M in the next quarter. Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 47.21% during past 5 years.
American Resources Corporation (NASDAQ:AREC)’s Major holders
Insiders are in possession of 34.51% of company’s total shares while institution are holding 7.82 percent of that, with stock having share float percentage of 11.94%. Investors also watch the number of corporate investors in a company very closely, which is 7.82% institutions for American Resources Corporation that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AREC for having 2.96 million shares of worth $2.17 million. And as of 2024-06-30, it was holding 3.8517 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 0.87 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.1192 of outstanding shares, having a total worth of $0.63 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.09 shares of worth $0.87 million or 11.52% of the total outstanding shares. The later fund manager was in possession of 824.16 shares on Dec 31, 2024 , making its stake of worth around $0.34 million in the company or a holder of 4.54% of company’s stock.
