The trading price of Antero Resources Corp (NYSE:AR) floating higher at last check on Tuesday, April 23, closing at $31.05, 2.23% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 40.25. In examining the 52-week price action we see that the stock hit a 52-week high of $30.90 and a 52-week low of $19.91. Over the past month, the stock has gained 15.03% in value.
Antero Resources Corp, whose market valuation is $9.43 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Antero Resources Corp No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AR has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that AR’s price is currently 6.05% off the SMA20 and 15.66% off the SMA50. The RSI metric on the 14-day chart is currently showing 71.04, and weekly volatility stands at 3.75%. When measured over the past 30 days, the indicator reaches 3.08%. Antero Resources Corp (NYSE:AR)’s beta value is currently sitting at 3.32, while the Average True Range indicator is currently displaying 0.93.
To see how Antero Resources Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: AR stock’s performance was 2.23% at last check in today’s session, and 37.93% in the past year. Antero Resources Corp has a P/E ratio of 40.25.
An evaluation of the daily trading volume of Antero Resources Corp (NYSE:AR) indicates that the 3-month average is 4.59 million.
Currently, records show that 303.54 million of the company’s shares remain outstanding. The insiders hold 7.46% of outstanding shares, whereas institutions hold 82.29%. However, since the stock’s price has seen 36.89% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
