ARC Resources Ltd. (OTCMKTS:AETUF – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.
ARC Resources Stock Performance
The business has a 50-day simple moving average of $17.49 and a 200 day simple moving average of $17.83. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market cap of $10.20 billion, a PE ratio of 11.53 and a beta of 1.12.
ARC Resources (OTCMKTS:AETUF – Get Free Report) last released its earnings results on Thursday, August 1st. The energy company reported $0.29 EPS for the quarter. ARC Resources had a net margin of 22.19% and a return on equity of 15.68%. The company had revenue of $842.85 million for the quarter. Equities research analysts forecast that ARC Resources Ltd. will post 1.27 EPS for the current 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.
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