ARC Resources (OTCMKTS:AETUF) Reaches New 52-Week Low at $4.48

ARC Resources Ltd (OTCMKTS:AETUF) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $4.48 and last traded at $4.49, with a volume of 7101 shares changing hands. The stock had previously closed at $4.68.

A number of equities analysts have issued reports on AETUF shares. Tudor Pickering cut shares of ARC Resources from a “buy” rating to a “hold” rating in a research note on Friday, June 7th. Raymond James reaffirmed a “buy” rating on shares of ARC Resources in a research note on Thursday, July 11th.

The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $4.86. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 23.56 and a beta of 0.98.

ARC Resources (OTCMKTS:AETUF) last issued its quarterly earnings data on Wednesday, July 31st. The energy company reported $0.07 EPS for the quarter. ARC Resources had a net margin of 9.81% and a return on equity of 2.45%. The business had revenue of $211.50 million for the quarter.

ARC Resources Company Profile (OTCMKTS:AETUF)

ARC Resources Ltd., together with its subsidiaries, acquires, develops, and holds interest in petroleum and natural gas properties and assets in Canada. The company holds interests in the Montney properties located in northeast British Columbia and northern Alberta; and Cardium properties in the Pembina area of Alberta.

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