AMR stock: buy or sell?
September 20th, 2019
Should I buy AMR stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Alta Mesa Resources stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Alta Mesa Resources stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 2 ratings published for AMR stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
AMR stock analysis
After boosting a super good 11.11% yesterday, Alta Mesa Resources closed today at $0.09 and stayed constant a neutral 0.00%.
After boosting a super good 11.11% yesterday, Alta Mesa Resources closed today at $0.09 and stayed stable a neutral 0.00%. Since price and SMA50d lines crossed down on July, AMR fell $-0.08 per share (-47.06%).
After sliding for 4 weeks, this week Alta Mesa Resources rocketed a dazzling 28.57%, closing at $0.09. Last week AMR plunged a chilling -28.57% in just one week. This week broke a streak of 4 declining weeks.
AMR stock price history
AMR IPO was on May 1st, 2017 at $9.82 per share1. Since then, AMR stock declined a -99.10%, with a yearly average of -49.60%.
1: Adjusted price after possible price splits or reverse-splits.
AMR stock historical price chart
AMR stock reached 52-week highs at $4.68, and all-time highs 2018-01-29 with a price of 10.79.
AMR stock price target is $6.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we only found 1 price target for Alta Mesa Resources stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-1-2||Imperial Capital||Set Price Target||n/a||$6.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince February, when Alta Mesa Resources presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to , last anual revenues report draw of to M USD. When comparing vs , , profit margin (that is, the net income divided by revenues) a to . To have an updated view of the financial situation of Alta Mesa Resources, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q4 that can be compared to fiscal year results. Annual Alta Mesa Resources TTM sales up to December 2018 were $287.30 and earnings were $0.69 M USD. If we compare this TTM figures with the last reported annuality, we can review Alta Mesa Resources business evolution since : Annual sales up to December, compared to lastest yearly report, . Regarding profit margin, Alta Mesa Resources to
Quarterly financial resultsAlta Mesa Resources posted M in sales for 2018-Q4, a -100.00% less compared to previous quarter. Reported quarter earnings marked million with a profit margin of . Profit margin remained constant a 0.00% compared to previous quarter when profit margin was 4.33%. When comparing revenues to same quarter last year, Alta Mesa Resources sales marked a scary drop down and plummed a -100.00%.
|2017-Q4||$-189.51 M||-||$16.50 M-8.7%||-|
|2018-Q2||$122.42 M||-164.60%||$-6.44 M-5.3%||-139.06%|
|2018-Q3||$164.88 M||34.69%||$7.14 M4.3%||-210.72%|
Alta Mesa Resources ownershipWhen you are planning to invest in shares of a company, it's worth to overview its ownership structure.
Alta Mesa Resources shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 52.04% of all shares.
In case of Alta Mesa Resources stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AMR stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$16.4 M|
|Total shares||182.6 M|
|Float shares||50.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||52.0%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$0.09 - $0.09|
|Average true range||$0.02|
|50d mov avg||$0.12|
|100d mov avg||$0.15|
|200d mov avg||$0.43|
Alta Mesa Resources performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Alta Mesa Resources, the benchmark is made against .
|AMRAlta Mesa Resourc...||-50.00%||-68.97%||-97.97%|