Warrior Met Coal Inc (HCC) Is A Possible Investment At Current Levels

Warrior Met Coal Inc (NYSE:HCC) price on Friday, April 19, rose 1.35% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $67.04.

A look at the stock’s price movement, the close in the last trading session was $66.15. The PE ratio in trailing twelve months stood at 7.29. Turning to its 52-week performance, $69.36 and $31.69 were the 52-week high and 52-week low respectively. Overall, HCC moved 20.60% over the past month.

Warrior Met Coal Inc’s market cap currently stands at around $3.51 billion. The company has a Forward Dividend ratio of 0.29, with its dividend yield at 0.43%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that HCC is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

HCC’s current price about 10.61% and 14.14% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 64.76, while 7-day volatility ratio is 5.56% and 4.32% in the 30-day chart. Further, Warrior Met Coal Inc (HCC) has a beta value of 1.06, and an average true range (ATR) of 2.76.

If we refocus on Warrior Met Coal Inc (NYSE:HCC), historical trading data shows that trading volumes averaged 897.24K over the past 3 months. The company’s latest data on shares outstanding shows there are 52.02 million shares.

The 1.75% of Warrior Met Coal Inc’s shares are in the hands of company insiders while institutional holders own 92.27% of the company’s shares. Current price change has pushed the stock 10.93% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HCC stock continues to rise going into the next quarter.

Most Popular