Approach Resources Inc. (NASDAQ:AREX) recently hit 52 week peak price $33.89, opened at $31.17 scored +5.18% closed $32.48. AREX traded on over 0.204 million shares in comparison to average volume of 0.222 million shares.
AREX has earnings of $4.92 million and made $53.17 million sales for the last 12 months. Its quarter to quarter sales remained 69.75%. The company has 27.28 million of outstanding shares and 24.40 million shares were floated in the market.
AREX has an insider ownership at 0.59% and institutional ownership remained 90.41%. Its return on investment (ROI) for the last 12 month was 1.55% as compare to its return on equity (ROE) of 2.18% for the last 12 months.
The price moved ahead +18.92% from the mean of 20 days, +31.57% from 50 and went up 129.51% from 200 days average price. Company�s performance for the week was 15.34%, +33.50% for month and yearly performance remained 289.92%.
Its price volatility for a month remained 4.42% whereas volatility for a week noted as 4.66%. Company�s price to sales ratio for last 12 months was 16.66 while its price to book ratio for the most recent quarter was 3.05 and its earnings before interest, tax, depreciation and amortization (EBITDA) remained 36.10 million for the past twelve months.
