With 1.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.83 million shares. The 52-week range on METC shows that it touched its highest point at $14.22 and its lowest point at $5.93 during that stretch. It currently has a 1-year price target of $12.73. With its current market cap of 583.27 million, METC has annualized dividend of $0.13 while the current yield stands at 1.11%. Beta for the stock currently stands at 1.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of METC was up-trending over the past week, with a rise of 13.33%, but this was up by 32.74% over a month. Three-month performance surged to 30.73% while six-month performance rose 3.66%. The stock lost -0.79% in the past year, while it has gained 19.62% so far this year. A look at the trailing 12-month EPS for METC yields -0.00 with Next year EPS estimates of 1.22. For the next quarter, that number is -0.19. This implies an EPS growth rate of -492.40% for this year and 398.94% for next year. EPS is expected to grow by 114.16% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.33%.
Float and Shares Shorts:
At present, 44.41 million METC shares are outstanding with a float of 28.36 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for METC since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.05875328 being high and $0.04979671 being low. For METC, this leads to a yearly average estimate of $0.05467.
