Shares of ARC Resources Ltd. (OTCMKTS:AETUF – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $17.49 and traded as low as $16.77. ARC Resources shares last traded at $17.07, with a volume of 3,596 shares.
ARC Resources Stock Up 1.6 %
The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a fifty day simple moving average of $17.46 and a 200-day simple moving average of $17.82. The company has a market capitalization of $10.36 billion, a PE ratio of 11.72 and a beta of 1.12.
ARC Resources (OTCMKTS:AETUF – Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The energy company reported $0.29 earnings per share (EPS) for the quarter. ARC Resources had a return on equity of 15.68% and a net margin of 22.19%. The company had revenue of $842.85 million for the quarter. Equities research analysts anticipate that ARC Resources Ltd. will post 1.27 EPS for the current fiscal year.
ARC Resources Increases Dividend
About ARC Resources
ARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.
Featured Stories
- Five stocks we like better than ARC Resources
- What Are Dividend Achievers? An Introduction
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What is a Stock Market Index and How Do You Use Them?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Following Congress Stock Trades
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for ARC Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARC Resources and related companies with MarketBeat.com's FREE daily email newsletter.