With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.9 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 $12.24. With its current market cap of 467.59 million, METC has annualized dividend of $0.66 while the current yield stands at 7.42%. Beta for the stock currently stands at 1.21.
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 3.48%, but this was down by -5.67% over a month. Three-month performance surged to 7.14% while six-month performance fell -22.00%. The stock lost -30.10% in the past year, while it has lost -7.16% so far this year. A look at the trailing 12-month EPS for METC yields -0.00 with Next year EPS estimates of 1.16. For the next quarter, that number is -0.18. This implies an EPS growth rate of -475.76% for this year and 399.19% for next year. EPS is expected to grow by 110.32% 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 $0.06237821 being high and $0.05286904 being low. For METC, this leads to a yearly average estimate of $0.058043.
