Approach Resources Inc is an independent energy company. It is engaged in the exploration, development, production and acquisition of unconventional oil and gas reserves in the Midland Basin of the greater Permian Basin in West Texas.
Stock Price Prediction
Update at 5:00pm EST
0.13 - 0.131
0.131 - 0.131
0.118 - 0.119
0.119 - 0.12
0.119 - 0.12
0.12 - 0.121
as of: 2019-10-21 4:34:54 PM
Stoxline posted a NEUTRAL today, same as yesterday. Current trend continues, but could change at anytime. It is not a good time to buy or sell.
Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.AREX has closed above bottom band by 22.1%. Bollinger Bands are 57.4% narrower than normal. The narrow width of the bands suggests low volatility as compared to AREX's normal range. The bands have been in this narrow range for 9 bars. This is a sign that the market may be about to initiate a new trend.
2019-09-20 Approach Resources (AREX) Dips More Than Broader Markets: What You Should Know Approach Resources (AREX) closed at $0.17 in the latest trading session, marking a -0.95% move from the prior day.
2019-09-13 Here's Why You Should Steer Clear Of Approach (AREX) Now A weak commodity pricing scenario and a debt heavy balance sheet are hurting Approach's (AREX) performance.
Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing.
Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs.
Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry.
Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not.
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