Antero Resources Corp (AR) concluded trading on Wednesday at a closing price of $37.04, with 4.62 million shares of worth about $171.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.25% during that period and on Wednesday the price saw a loss of about -0.83%. Currently the company’s common shares owned by public are about 311.17M shares, out of which, 288.32M shares are available for trading.
Stock saw a price change of -8.20% in past 5 days and over the past one month there was a price change of 1.90%. Year-to-date (YTD), AR shares are showing a performance of 5.68% which increased to 46.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.53 but also hit the highest price of $41.53 during that period. The average intraday trading volume for Antero Resources Corp shares is 4.26 million. The stock is currently trading -4.39% below its 20-day simple moving average (SMA20), while that difference is up 0.09% for SMA50 and it goes to 16.33% higher than SMA200.
Antero Resources Corp (NYSE: AR) currently have 311.17M outstanding shares and institutions hold larger chunk of about 84.76% of that.
The stock has a current market capitalization of $11.53B and its 3Y-monthly beta is at 3.40. PE ratio of stock for trailing 12 months is 205.21, while it has posted earnings per share of $0.18 in the same period. Its PEG reads 1.79 and has Quick Ratio of 0.35 while making debt-to-equity ratio of 0.57. 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 3.49% while standing at 3.42% over the month.
Stock’s fiscal year EPS is expected to rise by 753.12% while it is estimated to increase by 18.77% 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.
