Antero Resources Corp (AR) concluded trading on Wednesday at a closing price of $37.86, with 6.4 million shares of worth about $242.48 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.24% during that period and on January 08, 2025 the price saw a gain of about 3.22%. Currently the company’s common shares owned by public are about 311.03M shares, out of which, 288.05M shares are available for trading.
Stock saw a price change of 8.02% in past 5 days and over the past one month there was a price change of 21.78%. Year-to-date (YTD), AR shares are showing a performance of 8.02% which increased to 64.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.56 but also hit the highest price of $36.84 during that period. The average intraday trading volume for Antero Resources Corp shares is 3.74 million. The stock is currently trading 13.32% above its 20-day simple moving average (SMA20), while that difference is up 19.66% for SMA50 and it goes to 24.00% higher than SMA200.
Antero Resources Corp (NYSE: AR) currently have 311.03M outstanding shares and institutions hold larger chunk of about 83.58% of that.
The stock has a current market capitalization of $11.78B and its 3Y-monthly beta is at 3.35. PE ratio of stock for trailing 12 months is 263.47, while it has posted earnings per share of $0.14 in the same period. Its PEG reads 3.98 and has Quick Ratio of 0.28 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AR, volatility over the week remained 3.21% while standing at 3.38% over the month.
Stock’s fiscal year EPS is expected to drop by -84.16% while it is estimated to increase by 2711.83% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on December 17, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $24 and $32 to it. Coverage by BofA Securities stated Antero Resources Corp (AR) stock as a Buy in their note to investors on October 28, 2024, suggesting a price target of $36 for the stock. On October 16, 2024, UBS Initiated their recommendations, while on October 01, 2024, Wells Fargo Downgrade their ratings for the stock with a price target of $25. Stock get a Neutral rating from Citigroup on September 17, 2024.
