Alta Mesa Resources, Inc. (AMR)- stock in the Traders Limelight


Alta Mesa Resources, Inc. (AMR) stock price traded with dropping change along with the volume 1.71 million shares in Thursday trading session. Shares are trading price at $1.20 with move of -1.64%. The company’s 3-months average volume stands at 2.13 million. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 0.80. Recent trade price levels places AMR’s stock about -88.88% away from the 52-week high and closed 60.00% away from the 52-week low. The total dollar value of all 152.58 million outstanding shares is 0.18 billion. EPS growth in next year is estimated to reach 153.91%.

Insiders own 0.10% of Alta Mesa Resources, Inc. (AMR) shares. The stock volatility for week was 12.05% while for month was 15.15%.

Alta Mesa Resources, Inc. (AMR) recently closed with rise of 7.96% to its 20-Day Simple Moving Average. This short time frame picture represents an upward movement of current price over average price of last 20 days. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Shares of AMR moved downward with change of -37.27% to its 50-day Moving average. This falling movement shows negative prices direction over last 50 days.

Finally observing long term time frame, 200-day simple moving average is more helpful at telling general investing trends lasting 200 days. Longer moving average timeframes are less sensitive to price fluctuations than shorter term timeframes and will generate far few signals. This will reduce the number of “whipsaws”, which is good, but will also generate signals later than when using shorter term averages. AMR stock price revealed pessimistic move of -76.19% comparing average price of last 200 days. This comparison showed down direction of price behind its 200-SMA.

ATR value of company was 0.16. Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. ATR can display volatility of stocks, ETFs and indexes. The principal of ATR is very similar to other volatility indicators: A high ATR value signals a possible trend change. A low ATR value correlates with a weaker trend movement.

The forward P/E ratio stands at 3.69. The price to sales ratio is 0.55. The lower price P/S ratio indicates attractive the investment. A low P/S can also be effective in valuing growth stocks that have suffered a temporary setback. A low P/S ratio may indicate possible undervaluation, while a ratio that is significantly above the average may suggest overvaluation. Abbreviated as the P/S ratio or PSR, this ratio is also known as a “sales multiple” or “revenue multiple.”

Currently Analysts have a mean recommendation of 2.00 on the shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.


Please enter your comment!
Please enter your name here