Alta Mesa Resources (AMR) Stock’s Moving Average & Performance Analysis:
The stock showed weekly performance of -0.84% and it maintained for the month at -21.13%. Likewise the performance for the quarter was recorded as -27.41% and for the year it was -53.48%. The stock showed -36.80% performance during last 6-months. The YTD performance remained at -52.17%. This stock traded higher toward its 52 week low with 17.33% and -56.07% downward from its 52 week high price. The stock price is moving down from its 20 days moving average with -8.41% and it is trading down from 50 days moving average with -21.77%. The stock price is moving along negative drift from its 200 days moving average with -40.19%.
Let’s consider Alta Mesa Resources (AMR) stock move that changed on Friday Dated AUGUST 31, 2018. 708167 shares changed at hands in last session versus to an average volume of 1701.87K shares. Alta Mesa Resources (AMR) stock ended at $4.74 by scoring -3.27%. It has 185.49M outstanding shares and 178.13M shares have been floated in market exchange. The insider ownership remained 0.50%.
Stock’s Price Fluctuations & Volatility:
The stock price registered volatility 3.16% in past week and volatility was at 6.13% over a last month. Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time. A security with high volatility has bigger fluctuations in price compared to a security with low volatility. The more quickly a price changes up and down, the more volatile it is. As such, volatility is often used as a measure of risk.
The stock’s Average True Range for 14 days was 0.28. ATR measures volatility, taking into account any gaps in the price movement. High ATR indicates increased volatility. A low ATR value indicates a series of periods with small ranges.
Presently, Alta Mesa Resources (AMR) has a RSI reading of 34.55.
Stock’s Ratio Analysis:
Long Term Debt/Equity ratio was recorded at 0.4. This measures a company’s financial leverage calculated by dividing its long term debt by stockholders’ equity. It indicates what proportion of equity and debt the company is using to finance its assets. On the other side the debt to equity ratio is 0.4. Its current ratio is 0.9. Current Ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations. Quick Ratio of 0.9 is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets. The higher the quick ratio, the better the position of the company.