AMR stock: buy or sell?

AMR stock price: $0.04 -50.00% At close on September 25th, 2019

Updated on:
September 25th, 2019

1

Alta Mesa Resources plummed a hair-raising -50.00% and closed at $0.04. On September AMR rocketed an exceptional 11.11%.

Should I buy AMR stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. 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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean AMR will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Alta Mesa Resources stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we found 1 rating published for AMR stock in the last month.

Is AMR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-26GuggenheimBuySell

AMR stock analysis

Daily outlook

Alta Mesa Resources plummed a hair-raising -50.00% and closed at $0.04.

Alta Mesa Resources shares plummed -50.00% to $0.04 on September. Since price and SMA50d lines crossed down on July, AMR fell $-0.13 per share (-76.47%).

AMR stock chart (daily)

Weekly outlook

After boosting an exceptional 22.22% in a week by mid September, Alta Mesa Resources closed this week at $0.04 and plummed a bloodcurdling -55.56%.

AMR stock chart (weekly)

AMR stock price history

AMR IPO was on May 1st, 2017 at $9.82 per share1. Since then, AMR stock declined a -99.60%, with a yearly average of -49.80%.

1: Adjusted price after possible price splits or reverse-splits.

AMR stock historical price chart

AMR stock reached 52-week highs at $4.67, and all-time highs 2018-01-29 with a price of 10.79.

AMR stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. 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 have not detected any price target for Alta Mesa Resources stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last February, when Alta Mesa Resources presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
AMR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q3-n/an/an/a
2017-Q42018-04-02n/an/an/a
2018-Q12018-05-14n/an/an/a
2018-Q22018-08-140.14-0.04n/a
2018-Q32018-11-130.050.04-20.0%
2018-Q42019-02-260.04n/an/a
2019-Q1-n/an/an/a

Annual financial results

In , Alta Mesa Resources annual revenues to million USD from marked in . , its profit margin (compared to sales) to , that is million.

Alta Mesa Resources presents anual results in , and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Alta Mesa Resources TTM sales up to December 2018 were $287.30 and earnings $0.69 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Alta Mesa Resources business evolution since : Annual revenues up to December, compared to lastest yearly report, . Regarding profit margin, Alta Mesa Resources to

AMR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY

Quarterly financial results

Alta Mesa Resources posted million in revenues for 2018-Q4, a -100.00% less compared to previous quarter. Reported quarter income marked million with a profit margin of . Profit margin stayed 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 loss and collapsed a -100.00%.
AMR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M34.69%$7.14 M4.3%-210.72%

Alta Mesa Resources ownership

When you are planning to buy shares of a company, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Alta Mesa Resources, of all outstanding shares are owned by its staff.

The following table compares ownership indicators for other stocks related to Alta Mesa Resources:

AMR
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

AMR summary

Wednesday, September 25th, 2019
Open$0.04
Close$0.04
Day range$0.03 - $0.04
Previous close$0.08
Session gain-50.00%
Average true range$0.02
50d mov avg$0.12
100d mov avg$0.14
200d mov avg$0.42
Daily patternlt02c
Weekly pattern lt03c

Alta Mesa Resources performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Alta Mesa Resources against in the following table:
Stock3m6m12m
AMRAlta Mesa Resourc...-73.33%-85.19%-99.04%

Alta Mesa Resources competitors

Unfortunately, we could not find any public company that could be defined as Alta Mesa Resources competitor. This doesn't mean Alta Mesa Resources does not have any competitor in the market, it's just we could not detected it.