Other research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of ExlService from a hold rating to a sell rating in a research report on Wednesday, July 10th. TheStreet upgraded shares of ZTO Express (Cayman) from a c+ rating to a b rating in a research report on Thursday, May 16th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $8.50.
Shares of METC stock opened at $5.14 on Thursday. The company has a current ratio of 1.55, a quick ratio of 1.05 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $209.88 million, a PE ratio of 7.91 and a beta of 1.10. The company has a 50 day moving average of $5.35. Ramaco Resources has a 1 year low of $4.35 and a 1 year high of $8.94.
Several large investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in shares of Ramaco Resources by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 68,665 shares of the energy company’s stock worth $339,000 after buying an additional 1,849 shares in the last quarter. Northwestern Mutual Investment Management Company LLC acquired a new position in shares of Ramaco Resources during the first quarter worth $46,000. AlpInvest Partners B.V. acquired a new position in shares of Ramaco Resources during the first quarter worth $175,000. Dimensional Fund Advisors LP acquired a new position in shares of Ramaco Resources during the fourth quarter worth $160,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Ramaco Resources by 492.6% during the fourth quarter. Bank of New York Mellon Corp now owns 73,093 shares of the energy company’s stock worth $362,000 after buying an additional 60,758 shares in the last quarter. Institutional investors own 76.02% of the company’s stock.
Ramaco Resources Company Profile
Ramaco Resources, Inc produces and sells metallurgical coal in the United States. The company's development portfolio includes the Elk Creek project consisting of approximately 20,552 acres of controlled mineral and 24 seams located in southern West Virginia; and the Berwind coal property comprising approximately 31,200 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia.
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