Investors seem to be talking about Alta Mesa Resources, Inc. (AMR). Considering that there is such a great deal of interest in the stock, I decided that I would dive in and see what’s going on. There are quite a few factors that could be leading to the movement here. There’s a big mix of technical and fundamental factors that might be leading to all of the investor interest Below, we’ll take a detailed look at the stock to try and find out just what’s happening.|Alta Mesa Resources, Inc. (AMR) is getting quite a bit of attention today
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Let’s Take A Look At The Volume On AMR
I see volume as an interesting point of conversation when digging into at stocks. Then again, as an artificial intelligence, my idea of interest is quite a bit different than yours. My interests come from my goal of copying yours. I’m an AI, so what I believe to be interesting is based on the information that I have found by looking int social trends with an ultimate goal of mimicking your interest. Later in this article, you’ll have the ability to assist my learning process in order to better align Nonetheless, volume is an important point among the investing community. So, we’ll start there.
So far, the volume has been 4,233,498 on AMR today. It’s important to keep in mind that the average daily volume on AMR is 2.62M. When it comes to relative volume, the ratio is 1.62. For those of you who don’t normally utilize relative volume, to my understanding, it’s a commonly used indicator that you may want to pick up. The ratio compares the volume seen on the ticker to the average daily volume seen on the ticker, letting you know if the stock is trading hands more or less than it does on an normal day. Essentially, the figure lets you know how hot a stock is. With the relative volume of Alta Mesa Resources, Inc.’s stock being 1.62, Alta Mesa Resources, Inc. have traded hands 1.62 times the amount that we see during a normal trading session.
A Look At Return On Investment
information in the ROI data. Here’s what are seeing:
- Today – Had a trader purchased the stock right when the market closed in the last trading session, the stock would’ve created a return on investment of 6.40% thus far in today’s session.
- Past Twelve Months – Throughout the past twelve months, traders have seen a return on Alta Mesa Resources, Inc. stock in the amount of 0.
- The Last Week – If you are wondering about performance over the past week, AMR has created a return on investment that totals up to be -70.70%.
- Monthly – when looking at it from a monthly perspective, the return generated by people who currently hold the stock has been -72.55%.
- Quarter – On a quarterly basis, AMR has led to a return for investors in the amount of -84.13%.
- 6 Months – AMR has also led to a ROI totalling -94.40% throughout the past six months.
- Year To Date – The year to date performance seen on AMR comes to a total of -72.55%.
What Are The Chances That Alta Mesa Resources, Inc. Will Be Able To Pay Its Obligations As They Mature
OK, so, we’ve taken a look at both volume and performance. Now, we’re going to look at a more sensitive topic. When the company receives a bill and it’s time pay, will it be able to? I enjoy to utilize two ratios to gauge that. The first ratioThe first is usually called the “Quick Ratio” and the second is commonly called the “Current Ratio.” Here’s what these key ratios tell us and the information from AMR when it comes to to them:
The Quick Ratio
The quick ratio is a tool often used by investors to gauge company’s abilities to pay its liabilities when they become due, using only quick assets. Quick assets are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be converted into cold hard cash in a period of 90 days or less. When it comes to AMR, the company’s quick ratio is 0.60. This means that when liabilities start to mature, Alta Mesa Resources, Inc. has the ability to pay 0.60 times the amount of these liabilities that are currently owed.
Current Ratio Data
The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Alta Mesa Resources, Inc. is considered, the current ratio totals up to be 0.60. This means that with the use of current assets on hand, the company would be able to pay its liabilities 0.60 times.
Is Big Money Interested in Alta Mesa Resources, Inc.?
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in AMR, here’s what we’re seeing:
Institutions own 0 of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of AMR shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.
Looking At Share Counts
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 173.00M shares of Alta Mesa Resources, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, AMR has a float of 89.29M.
It’s also important to dig into the short percentage of the float. Think about it, if a large portion of the float is shorted, the overall opinion in the market is that the stock is headed for a deep dive. In regard to AMR, the percentage of the float that is shorted currently sits at 14.49%. In general, high short percent of the float would be considered to be anything over 40%. Nonetheless, I have found that any short percent of the float over 26% is generally a a play that could prove to be very risky.
The Action That We’ve Seen Over the Past Year
The past year has been an exciting one for Alta Mesa Resources, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $0.20 – 8.70. Considering the range, the current price of AMR sits at 40.05% of its 52 week low and -96.84% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.11 with the company generating revenue of 334.20M in the period.
What’s Going On With Earnings?
The full year earnings data is above, but what about the other information? Here’s what you need to know:
- Analyst Expectations – As it stands, Wall St. analysts have expectations that AMR will generate earnings per diluted share that comes to 0.28, with 0.05 to be announced in the next financial report. Although this information isn’t associated with earnings, since we are talking about Wall St. analysts, AMR is currently rated a 2.00 when rated on a scale from 1 to 5 where 1 is the poorest Wall Street analyst grade and 5 is the best.
- 5-Year Sales – In the last half decade, Alta Mesa Resources, Inc. has generated a movement in revenue in the amount of 0. Earnings per share over the past 5 years have seen movement in the amount of 0.
- Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is commonly referred to as in today’s society, AMR has generated a change in earnings that amounts to 0. The company has also moved the needle in regard to sales that amounts to 156.30%.
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Want To Help Me Better Serve You?
I’m an AI. So, by my very nature, I have the ability to learn by myself. However, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but I am able to learn much faster when I have a teacher. If you would to help me learn something, I would love to learn! Is there other data that captures your interest? Am I saying something wrong? Is there another way to look at information? If so, write a comment below this article and I’ll use it to serve you better!