American Resources Corporation [AREC] gain 90.77% so far this year. What now?

American Resources Corporation [NASDAQ: AREC] loss -7.23% on the last trading session, reaching $3.72 price per share at the time. The company report on April 5, 2021 that American Resources Corporation Announces Partial Exercise of Over-Allotment Option in Connection With the Initial Public Offering of Company Sponsored SPAC – American Acquisition Opportunity Inc.

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Company’s SPAC is targeting land and resource holding companies, with the potential to create, support, and/or innovate for the new economy.

American Resources Corporation (NASDAQ:AREC) (“American Resources” or the “Company”), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, announced that American Acquisition Opportunity Inc., a blank check company (the “SPAC” or “AMAO”), in which the Company has an indirect investment, has closed the issuance of an additional 506,002 units pursuant to the partial exercise of the underwriter’s over-allotment option in connection with the SPAC’s initial public offering. The units are listed on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “AMAOU”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “AMAO” and “AMAOW,” respectively.

American Resources Corporation represents 36.41 million in outstanding shares, while the company has a total market value of $203.71 million with the latest information. AREC stock price has been found in the range of $3.65 to $4.01.

If compared to the average trading volume of 8.00M shares, AREC reached a trading volume of 1385161 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about American Resources Corporation [AREC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AREC shares is $6.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AREC stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for American Resources Corporation is set at 0.48, with the Price to Sales ratio for AREC stock in the period of the last 12 months amounting to 185.19.

Trading performance analysis for AREC stock

American Resources Corporation [AREC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.98. With this latest performance, AREC shares dropped by -7.00% in over the last four-week period, additionally plugging by 43.08% over the last 6 months – not to mention a rise of 229.20% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AREC stock in for the last two-week period is set at 44.77, with the RSI for the last a single of trading hit 44.12, and the three-weeks RSI is set at 46.41 for American Resources Corporation [AREC]. The present Moving Average for the last 50 days of trading for this stock 4.64, while it was recorded at 3.77 for the last single week of trading, and 2.36 for the last 200 days.

American Resources Corporation [AREC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and American Resources Corporation [AREC] shares currently have an operating margin of -1552.09 and a Gross Margin at -838.46. American Resources Corporation’s Net Margin is presently recorded at -967.81.

Additionally, AREC Total Debt to Total Capital is recorded at 287.00, with Total Debt to Total Assets ending up at 79.92.

Reflecting on the efficiency of the workforce at the company, American Resources Corporation [AREC] managed to generate an average of -$1,025,576 per employee. Receivables Turnover for the company is 0.72 with a Total Asset Turnover recorded at a value of 0.03.American Resources Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.50.

American Resources Corporation [AREC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, American Resources Corporation posted -0.12/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 29.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AREC.

An analysis of insider ownership at American Resources Corporation [AREC]

There are presently around $7 million, or 3.70% of AREC stock, in the hands of institutional investors. The top three institutional holders of AREC stocks are: VANGUARD GROUP INC with ownership of 1,342,321, which is approximately 309.163% of the company’s market cap and around 21.80% of the total institutional ownership; BOOTHBAY FUND MANAGEMENT, LLC, holding 146,832 shares of the stock with an approximate value of $0.55 million in AREC stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $0.46 million in AREC stock with ownership of nearly New of the company’s market capitalization.

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Positions in American Resources Corporation stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 13 institutional holders increased their position in American Resources Corporation [NASDAQ:AREC] by around 1,495,483 shares. Additionally, 2 investors decreased positions by around 10,548 shares, while 1 investors held positions by with 366,529 shares. The mentioned changes placed institutional holdings at 1,872,560 shares, according to the latest SEC report filing. AREC stock had 9 new institutional investments in for a total of 472,877 shares, while 2 institutional investors sold positions of 10,548 shares during the same period.

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