Ramaco Resources (NASDAQ:METCB) Stock Price Down 7.2% - Should You Sell?

Ramaco Resources, Inc. (NASDAQ:METCB - Get Free Report)'s stock price traded down 7.2% during trading on Monday . The company traded as low as $13.94 and last traded at $13.4550. 22,576 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 39,004 shares. The stock had previously closed at $14.50.Get Ramaco Resources alerts:Analyst Ratings ChangesSeparately, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Ramaco Resources in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Ramaco Resources presently has a consensus rating of "Sell".Get Our Latest Stock Analysis on Ramaco ResourcesRamaco Resources Price PerformanceThe firm has a market cap of $852.06 million, a P/E ratio of -18.99 and a beta of 0.97. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.97 and a quick ratio of 2.24. The stock's 50-day simple moving average is $12.15 and its two-hundred day simple moving average is $14.25. Ramaco Resources (NASDAQ:METCB - Get Free Report) last released its quarterly earnings results on Monday, October 27th. The company reported ($0.25) EPS for the quarter. The firm had revenue of $121.00 million for the quarter. Ramaco Resources had a negative return on equity of 7.52% and a negative net margin of 5.67%.Institutional Investors Weigh In On Ramaco ResourcesHedge funds and other institutional investors have recently modified their holdings of the business. MCF Advisors LLC bought a new stake in shares of Ramaco Resources during the 3rd quarter worth approximately $27,000. Bank of America Corp DE increased its stake in Ramaco Resources by 574.4% in the third quarter. Bank of America Corp DE now owns 3,190 shares of the company's stock worth $54,000 after purchasing an additional 2,717 shares during the period. Byrne Asset Management LLC bought a new stake in shares of Ramaco Resources during the third quarter worth $172,000. Franklin Resources Inc. purchased a new stake in shares of Ramaco Resources during the third quarter valued at $177,000. Finally, Lunt Capital Management Inc. bought a new position in shares of Ramaco Resources in the fourth quarter worth about $148,000. 9.63% of the stock is currently owned by hedge funds and other institutional investors. Ramaco Resources Company Profile (Get Free Report)Ramaco Resources NASDAQ: METCB is a U.S.-based coal company focused on the exploration, development and production of metallurgical and thermal coal. The company's operations encompass both surface and underground mining in the central Appalachian Basin, where it seeks to capitalize on the region's high-quality, low-ash coal reserves. Ramaco's product portfolio includes metallurgical coking coal used in steelmaking, as well as steam coal for power generation, with an emphasis on meeting the exacting specifications of industrial customers. Founded in 2014 and headquartered in Houston, Texas, Ramaco Resources has assembled a strategic acreage position in southern West Virginia and southwestern Pennsylvania.Featured StoriesFive stocks we like better than Ramaco ResourcesYour Signature Is Missing – Act Before It’s Too LateWhat Expenses Can Be Deducted From Capital Gains Tax?The $100 Trillion AI Story No One Is Telling You“Fed Proof” Your Bank Account with THESE 4 Simple StepsIs Elon Preparing for a Silver Shock?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Ramaco Resources Right Now?Before you consider Ramaco Resources, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ramaco Resources wasn't on the list.While Ramaco Resources currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here