Ramaco Resources Inc [METC] stock is trading at $9.40, up 3.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The METC shares have gain 2.73% over the last week, with a monthly amount drifted -5.62%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ramaco Resources Inc [NASDAQ: METC] stock has seen the most recent analyst activity on January 16, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $21. Previously, Jefferies upgraded its rating to Buy on June 07, 2022, and elevated its price target to $25. BMO Capital Markets downgraded its rating to a Market Perform but stick to its price target of $4 on December 17, 2020. The Benchmark Company reiterated its recommendation of a Buy and raised its price target to $5 on October 08, 2020. The Benchmark Company started tracking with a Buy rating for this stock on February 25, 2020, and assigned it a price target of $5. In a note dated August 06, 2019, Jefferies downgraded an Hold rating on this stock and revised its target price from $8.50 to $5.
Ramaco Resources Inc [METC] stock has fluctuated between $6.30 and $15.09 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Ramaco Resources Inc [NASDAQ: METC] shares were valued at $9.40 at the most recent close of the market. An investor can expect a potential return of 27.66% based on the average METC price forecast.
Analyzing the METC fundamentals
Ramaco Resources Inc [NASDAQ:METC] reported sales of 628.27M for the trailing twelve months, which represents a drop of -22.02%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.19 points at the first support level, and at 8.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.53, and for the 2nd resistance point, it is at 9.66.
Ratios To Look Out For
For context, Ramaco Resources Inc’s Current Ratio is 1.32. In addition, the Quick Ratio stands at 0.87 and the Cash Ratio stands at 0.35. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 1.45.
Transactions by insiders
Recent insider trading involved LEIDEL PETER A, Director, that happened on Mar 26 ’25 when 0.23 million shares were sold. Director, LEIDEL PETER A completed a deal on Mar 25 ’25 to sell 0.17 million shares. Meanwhile, Director LEIDEL PETER A sold 0.15 million shares on Mar 27 ’25.
