The Director Of Antero Resources Corporation (AR) Purchased 2,750 Shares

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As of Wednesday close, Antero Resources Corporation’s (NYSE:AR) stock was up $0.93, moving up 2.54 percent to $37.54. The average number of shares traded per day over the past five days has been 6,318,580 shares. 3 times new highs have been achieved over the past 5 days, with a $2.10 gain in that time frame. In the last twenty days, the average volume was 6,731,205, while in the previous 50 days, it was 8,201,434.

Since last month, AR stock rose 6.14%. Shares of the company fell to $32.65 on 10/24/22, the lowest level in the past month. A 52-week high of $48.80 was reached on 06/08/22 after having rallying from a 52-week low of $15.38. Since the beginning of this year, AR’s stock price has risen by 114.51% or $20.04, and marked a new high 40 times. However, the stock has declined by -23.07% since its 52-week high.


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AR stock investors should be aware that Antero Resources Corporation (AR) stock had its last reported insider trading activity 22 days ago on Nov 03. Pearce Sheri, the of the company, disposed of 2,750 shares for $35.48 on Nov 03. It resulted in a $97,570 divestment by the insider. Keenan W Howard JR sold 374,086 shares at an average price of $37.71 on Sep 07. The insider now owns 5,000,000 shares following the transaction. On Sep 06, Director Keenan W Howard JR sold 373,866 shares at $38.73 apiece. The transaction was valued at $14,480,003.

Valuation Metrics

Right now, Antero Resources Corporation (AR) has a P/E ratio of about 5.89. The stock’s beta is 3.57. Besides these, the trailing price-to-sales (P/S) ratio of 1.56, the price-to-book (PB) ratio of 1.85, and the price-to-cash flow ratio of 3.86 may also be considered.

Financial Health

In the three months ended September 29, Antero Resources Corporation’s quick ratio stood at 0.40, while its current ratio was 0.40, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.19, and the total debt-to-equity ratio was 0.19. On the profitability front, the trailing twelve-month gross margin is 79.90% percent. In the year ended September 29, operating margins totaled 38.00%. Based on annual data, AR earned $23.86 million in gross profit and brought in $4.62 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.60%. Return on equity (ROE) for the past 12 months was 35.30%.

In Antero Resources Corporation’s quarter-end financial report for September 29, it reported total debt of $1.17 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AR’s revenue rose 74.12% to $2.2 billion during the quarter, while net income inched up to $2.06 billion. While analysts expected Antero Resources Corporation to report $1.87 quarterly earnings, the actual figure was $1.63 per share, beating the consensus estimate by -12.80%. During the quarter, the company generated $935.86 million in EBITDA. The liabilities of Antero Resources Corporation were 7.94 billion at the end of its most recent quarter ended September 29, and its total debt was $4.72 billion. The value of shareholders’ equity is $300.14 million.

Technical Picture

This quick technical analysis looks at Antero Resources Corporation’s (AR) price momentum. With a historical volatility rate of 54.64%, the RSI 9-day stood at 57.98% on 23 November.

With respect to its five-day moving average, the current Antero Resources Corporation price is up by +5.93% percent or $2.10. At present, AR shares trade +5.84% above its 20-day simple moving average and +28.43% percent above its 100-day simple moving average. However, the stock is currently trading approximately -10.34% below its SMA50 and +90.46% above its SMA200.

Stochastic coefficient K was 41.86% and Stochastic coefficient D was 26.44%, while ATR was 1.96. Given the Stochastic reading of 61.71% for the 14-day period, the RSI (14) reading has been calculated as 55.46%. As of today, the MACD Oscillator reading stands at 0.15, while the 14-day reading stands at -0.45.

Analyst Ratings

Jefferies launched its rating on Antero Resources Corporation (NYSE: AR) to a Buy in a note to investors on October 19, 2022. Antero Resources Corporation (AR) has been rated Overweight by analysts. According to 0 brokerage firms, AR is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate Antero Resources Corporation stock as buy, with 11 recommending it as overweight.

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