Ares Management Corporation (ARES) has seen some recent volatility in the stock market and its common shares closed at $39.01 yesterday. Investors are starting to take notice of ARES as the common shares traded as high as $39.81 and as low as $38.68 in the prior market trading session.
Ares Management Corporation (ARES) average trading volume is 1.14M. However, in the prior market trading session Ares Management Corporation (ARES) exchanged 915,848 shares. The first support level on ARES is $38.09 and the first upside resistance level on ARES is $41.42. ARES 50 day moving average is $36.16 and ARES 200day moving average is $34.71.
Ares Management Corporation (ARES) recent performance has been shown by the recent movement in ARES common shares. ARES has performed 12.52% over the past 30 days, ARES has performed 45.02% over the past quarter and ARES has shown 42.95% over the past 365 days. Ares Management Corporation (ARES) has a 12 month range of $20.20 to $41.88. Ares Management Corporation (ARES) is trading 93.12% from its 12 month low and -6.85% from its 12 month high. Ares Management Corporation (ARES) is indicating a 5.84% short float indicating the sum short in the float.
ARES has 118.37M shares outstanding and 86.79M shares in the float. Ares Management Corporation (ARES) presently has a market cap of $9.42B and income of $43.00M. The EPS next quarter for ARES is 0.36 and forecasted EPS next year is 29.64%. The market cap of Ares Management Corporation (ARES) at $9.42B represents how many Investors own shares of ARES and is based off the last price ($39.01) of ARES and the sum of shares outstanding (118.37M) with Ares Management Corporation (ARES).
Ares Management Corporation (ARES) has total cash (mrq) of 1.68B, total cash per share (mrq) of 12.7, total debt of ARES is at 9.61B and total debt/equity (mrq) is 486.34. Ares Management Corporation (ARES) operating cash flow (ttm) is -2.1B and ARES leveraged free cash flow (ttm) is -281.58M.
ARES is trading 3.02% above (bullish) its SMA20, 11.10% above (bullish) its SMA50 and 17.83% above (bullish) its SMA200.
