Ramaco Resources Inc (METC) stock hits $20.85: Is it a good time to buy or wait for a dip?

A share price of Ramaco Resources Inc [METC] is currently trading at $20.85, down -7.91%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The METC shares have lost -16.00% over the last week, with a monthly amount drifted -0.10%, 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 a Hold rating on this stock and revised its target price from $8.50 to $5.

Ramaco Resources Inc experienced fluctuations in its stock price throughout the past year between $5.93 and $27.31. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Ramaco Resources Inc [NASDAQ: METC] shares were valued at $20.85 at the most recent close of the market. An investor can expect a potential drop of -42.45% based on the average METC price forecast.

Analyzing the METC fundamentals

Trailing Twelve Months sales for Ramaco Resources Inc [NASDAQ:METC] were 625.92M which represents -1.52% decline. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.06 and Total Capital is -0.03. 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 20.10 points at the first support level, and at 19.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.13, and for the 2nd resistance point, it is at 23.41.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Ramaco Resources Inc [NASDAQ:METC] is 1.36. Further, the Quick Ratio stands at 0.84, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 3.31.

Transactions by insiders

Recent insider trading involved LAWRENCE BRYAN H, Director, that happened on Aug 08 ’25 when 1.6 million shares were sold. Director, LEIDEL PETER A completed a deal on Aug 08 ’25 to sell 1.6 million shares. Meanwhile, Director LEIDEL PETER A sold 0.23 million shares on Mar 26 ’25.

Related Posts

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.