Antero Resources Corporation (NYSE:AR) previous close was $8.96 while the outstanding shares total 268.67M. The firm has a beta of 4.82. AR’s shares traded lower over the last trading session, losing -2.23% on 02/22/21. The shares fell to a low of $8.735 before closing at $8.76. Intraday shares traded counted 11.39 million, which was -7.18% lower than its 30-day average trading volume of 10.63M. The stock’s Relative Strength Index (RSI) is 61.39, with weekly volatility at 9.50% and ATR at 0.70. The AR stock’s 52-week price range has touched low of $0.64 and a $10.04 high.
Investors have identified the Oil & Gas E&P company Antero Resources Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.64 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Antero Resources Corporation (AR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 574.14 million total, with 983.05 million as their total liabilities.
Is the stock of AR attractive?
In related news, See Remarks, Pearce Sheri sold 1,501 shares of the company’s stock in a transaction that recorded on Nov 24. The sale was performed at an average price of 4.43, for a total value of 6,645. In the last 6 months, insiders have changed their ownership in shares of company stock by 4.30%.
4 out of 17 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Antero Resources Corporation. 3 analysts has assigned a Sell rating on the AR stock. The 12-month mean consensus price target for the company’s shares has been set at $8.00.