Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Atlas Energy Solutions Inc. shares valued at $184,191 were sold by Hock Stacy on Oct 03 ’24. At $21.49 per share, Hock Stacy sold 8,571 shares. The insider’s holdings dropped to 934,746 shares worth approximately $19.24 million following the completion of this transaction.
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
Also, Stacy Hock purchased 25,713 shares, netting a total of over 573,143 in proceeds.
Before that, Hock Stacy had sold 8,571 shares from its account. In a trade valued at $166,620, the Member of 10% Owner Group traded Atlas Energy Solutions Inc. shares for $19.44 each. Upon closing the transaction, the insider’s holdings decreased to 8,571 shares, worth approximately $19.41 million.
As published in their initiating research note from Tudor Pickering Holt & Co. on June 24, 2024, Atlas Energy Solutions Inc. [AESI] has been a Buy. Analysts at The Benchmark Company started covering the stock with ‘”a Buy”‘ outlook in a report released in late May. Earlier on April 12, 2023, Johnson Rice initiated its rating. Their recommendation was “a Buy” for AESI stock.
Analyzing AESI Stock Performance
During the last five days, there has been a drop of approximately -8.29%. Over the course of the year, Atlas Energy Solutions Inc. shares have jumped approximately 20.15%. Shares of the company reached a 52-week high of $24.93 on 05/21/24 and a 52-week low of $15.55 on 01/17/24. A 50-day SMA is recorded $20.85, while a 200-day SMA reached $20.56. Nevertheless, trading volume fell to 3.56 million shares from 0.46 million shares the previous day.
Support And Resistance Levels for Atlas Energy Solutions Inc. (AESI)
According to the 24-hour chart, there is a support level at 19.75, which, if violated, would cause prices to drop to 18.92. In the upper region, resistance lies at 21.13. The next price resistance is at 21.68. RSI (Relative Strength Index) is 40.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.77, which suggests the price will decrease in the coming days. Percent R is at 73.86%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
