ARC Resources (OTCMKTS:AETUF) Stock Price Passes Below Fifty Day Moving Average - Should You Sell?

Shares of ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $18.55 and traded as low as $16.60. ARC Resources shares last traded at $16.73, with a volume of 26,246 shares traded.

Wall Street Analyst Weigh In

Separately, Raymond James raised shares of ARC Resources to a "moderate buy" rating in a research report on Monday, April 7th.

ARC Resources Trading Up 4.1 %

The company has a market cap of $10.61 billion, a price-to-earnings ratio of 13.22, a P/E/G ratio of 0.89 and a beta of 0.70. The firm's fifty day moving average price is $18.60 and its 200-day moving average price is $18.09. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.14 and a quick ratio of 1.12.

ARC Resources (OTCMKTS:AETUF - Get Free Report) last announced its earnings results on Thursday, February 6th. The energy company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.42 by $0.03. ARC Resources had a return on equity of 14.48% and a net margin of 24.40%. On average, equities analysts expect that ARC Resources Ltd. will post 2.23 EPS for the current fiscal year.

ARC Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.19 dividend. This is a positive change from ARC Resources's previous quarterly dividend of $0.05. This represents a $0.76 annualized dividend and a yield of 4.20%. ARC Resources's payout ratio is 37.96%.

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.