KD Logo

Taking a Closer Look At Atlas Energy Solutions Inc. (AESI) Following Its Recent Trade

Atlas Energy Solutions Inc.’s recent filing unveils that its Member of 10% Owner Group Hock Stacy unloaded Company’s shares for reported $0.17 million on Sep 11 ’24. In the deal valued at $19.44 per share,8,571 shares were sold. As a result of this transaction, Hock Stacy now holds 943,317 shares worth roughly $19.47 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Hock Stacy sold 8,571 shares, generating $173,306 in total proceeds. Upon selling the shares at $20.22, the Member of 10% Owner Group now owns 951,888 shares.

Before that, SHEPARD GREGORY M bought 3,248 shares. Atlas Energy Solutions Inc. shares valued at $70,417 were divested by the Member of 10% Owner Group at a price of $21.68 per share. As a result of the transaction, SHEPARD GREGORY M now holds 7,503,197 shares, worth roughly $154.87 million.

Tudor Pickering Holt & Co. initiated its Atlas Energy Solutions Inc. [AESI] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Johnson Rice started covering the stock on April 12, 2023. It rated AESI as “a Buy”.

Price Performance Review of AESI

On Friday, Atlas Energy Solutions Inc. [NYSE:AESI] saw its stock jump 2.38% to $20.64. Over the last five days, the stock has gained 2.08%. Atlas Energy Solutions Inc. shares have risen nearly 20.50% since the year began. Nevertheless, the stocks have fallen -10.66% over the past one year. While a 52-week high of $24.93 was reached on 05/21/24, a 52-week low of $15.47 was recorded on 01/17/24. SMA at 50 days reached $20.38, while 200 days put it at $20.09.

Levels Of Support And Resistance For AESI Stock

The 24-hour chart illustrates a support level at 20.38, which if violated will result in even more drops to 20.12. On the upside, there is a resistance level at 20.90. A further resistance level may holdings at 21.17. The Relative Strength Index (RSI) on the 14-day chart is 53.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.59%. Stochastics %K at 35.88% indicates the stock is a holding.

How much short interest is there in Atlas Energy Solutions Inc.?

A steep rise in short interest was recorded in Atlas Energy Solutions Inc. stocks on 2024-08-30, growing by 1.13 million shares to a total of 8.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 7.38 million shares. There was a rise of 13.22%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 04, 2023 when CapitalOne began covering the stock and recommended ‘”an Overweight”‘ rating along with a $25 price target.

Most Popular