ARC Resources (OTCMKTS:AETUF - Get Free Report) was upgraded by Raymond James to a "moderate buy" rating in a note issued to investors on Monday, April 7th,Zacks.com reports.
ARC Resources Price Performance
AETUF stock traded up $0.72 during trading on Monday, hitting $18.11. The stock had a trading volume of 11,802 shares, compared to its average volume of 43,661. The company's 50-day moving average price is $18.60 and its two-hundred day moving average price is $18.09. ARC Resources has a twelve month low of $14.89 and a twelve month high of $20.86. The stock has a market capitalization of $10.61 billion, a P/E ratio of 13.22, a PEG ratio of 0.89 and a beta of 0.70. 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.03. ARC Resources had a net margin of 24.40% and a return on equity of 14.48%. As a group, research analysts predict that ARC Resources will post 2.23 EPS for the current fiscal year.
About ARC Resources
(
Get Free Report)
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.
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