Ramaco Resources Inc (NASDAQ:METC) shares, rose in value on Wednesday, April 16, with the stock price up by 6.24% to the previous day’s close as strong demand from buyers drove the stock to $9.45.
Actively observing the price movement in the last trading, the stock closed the session at $8.90, falling within a range of $8.75 and $9.72. The value of beta (5-year monthly) was 1.067 whereas the PE ratio was 48.86 over 12-month period. Referring to stock’s 52-week performance, its high was $16.48, and the low was $6.30. On the whole, METC has fluctuated by -2.22% over the past month.
With the market capitalization of Ramaco Resources Inc currently standing at about $496.60 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-09. The company’s Forward Dividend Ratio is 0.41, with its dividend yield at 4.36%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 705.1M, with a low estimate of 133.9M and a high estimate of 134.24M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 134.07M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that METC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.45, with the price of METC currently trading nearly 14.43% and 5.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.07, while the 7-day volatility ratio is showing 10.24% which for the 30-day chart, stands at 8.12%. Furthermore, Ramaco Resources Inc (METC)’s beta value is 1.28, and its average true range (ATR) is 0.77.
A comparison of Ramaco Resources Inc (METC) with its peers suggests the former has fared considerably weaker in the market. METC showed an intraday change of 6.24% in last session, and over the past year, it shrunk by -37.95%%.
Data on historical trading for Ramaco Resources Inc (NASDAQ:METC) indicates that the trading volumes over the past 10 days have averaged 1.08 and over the past 3 months, they’ve averaged 735.56K. According to company’s latest data on outstanding shares, there are 43.82 million shares outstanding.
Nearly 48.01% of Ramaco Resources Inc’s shares belong to company insiders and institutional investors own 36.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.11 million shares as on 2025-03-31, resulting in a short ratio of 4.4. According to the data, the short interest in Ramaco Resources Inc (METC) stood at 1528.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 4.0 million. The stock has fallen by -6.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the METC stock heading into the next quarter.
