The stock of Atlas Energy Solutions Inc (NYSE:AESI) last traded at $22.96, down -8.23% from the previous session.
AESI stock price is now 0.19% away from the 50-day moving average and 6.29% away from the 200-day moving average. The market capitalization of the company currently stands at $2.53B.
With the price target maintained at $22.50, BofA Securities recently Downgraded its rating from Buy to Neutral for Atlas Energy Solutions Inc (NYSE: AESI). , while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Leveille Brian Anthony, Member of 10% Owner Group sold 12,500 shares of the company’s stock on Jan 27 ’25. The stock was sold for $305,750 at an average price of $24.46. Upon completion of the transaction, the Member of 10% Owner Group now directly owns 362,010 shares in the company, valued at $8.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 28 ’25, Member of 10% Owner Group Leveille Brian Anthony sold 10,000 shares of the business’s stock. A total of $250,000 was realized by selling the stock at an average price of $25.00. This leaves the insider owning 352,010 shares of the company worth $8.08 million. A total of 40.90% of the company’s stock is owned by insiders.
During the past 12 months, Atlas Energy Solutions Inc has had a low of $16.33 and a high of $26.86. As of last week, the company has a debt-to-equity ratio of 0.47, a current ratio of 1.23, and a quick ratio of 1.08. According to the stock market information, the enterprise value for the company is $2947625472, which is based on a 29.86 price-to-earnings ratio, a 2.79 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for AESI is $22.9164 and a two-hundred day moving average price translates $21.607 for the stock.
The latest earnings results from Atlas Energy Solutions Inc (NYSE: AESI) was released for 2024-09-30. The net profit margin was 8.78% and return on equity was 16.76% for AESI. The company reported revenue of $304.43 million for the quarter, compared to $157.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 93.15 percent.
