Ramaco Resources Inc (NASDAQ:METC) traded at $11.44 at last check on current trade day and made an upward move of 36.19% on its previous day’s price.
Ramaco Resources Inc has a market cap of $605.63 million and is expected to release its quarterly earnings report in April. With its Forward Dividend at 0.27 and a yield of 2.34%, the company’s investors could be anxious for the METC stock to gain ahead of the earnings release.
According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 768.08M, or 15.28% up from figures reported last year.
On the other hand, looking at the outlook for the METC stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Ramaco Resources Inc (METC) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 20.96% off its SMA20 and 19.59% from its 50-day simple moving average. The RSI (14) is pointing at 67.57 while the volatility over the past week is 5.65% and jumps to 5.69% over the past one month. The beta value is 1.14, while the average true range (ATR) is currently pointing at 0.70. The average price target for the stock over the next 12 months is $12, with the estimates having a low of $12 and a high of $12. These price ends are -4.9% and -4.9% off the today’s price level respectively, although investors could be excited at the prospect of a -4.9% if the METC share price touches on the median price of $12.
