ARCH Stock Summary and Trading Ideas (Arch Resources Class A | NYSE:ARCH)

Arch Resources Inc is a producer of metallurgical and coking coal. The company sells its coal to power plants, steel mills, and industrial facilities. Its operating segment includes Metallurgical (MET) and Thermal. It generates maximum revenue from the Metallurgical (MET) segment. Geographically, it derives a majority of its revenue from Asia.

Arch Resources Class A trades on the NYSE stock market under the symbol ARCH.

As of April 18, 2024, ARCH stock price declined to $162.82 with 293,034 million shares trading.

ARCH has a beta of -0.05, meaning it tends to be less sensitive to market movements. ARCH has a correlation of 0.00 to the broad based SPY ETF.

ARCH has a market cap of $2.97 billion. This is considered a Mid Cap stock.

Last quarter Arch Resources Class A reported $774 million in Revenue and $6.07 earnings per share. This beat revenue expectation by $67 million and missed earnings estimates by -$1.28.

In the last 3 years, ARCH stock traded as high as $187.60 and as low as $44.20.

The top ETF exchange traded funds that ARCH belongs to (by Net Assets): IJR, CALF, VTI, XME, VB.

ARCH has outperformed the market in the last year with a price return of +28.3% while the SPY ETF gained +22.3%. However, in the short term, ARCH had mixed performance relative to the market. It has underperformed in the last 3 months, returning -2.5% vs +6.1% return in SPY. But in the last 2 weeks, ARCH shares have fared better than the market returning +3.3% compared to SPY -3.8%.

ARCH support price is $160.33 and resistance is $168.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARCH stock will trade within this expected range on the day.