Amplitude Inc (NASDAQ:AMPL) shares, rose in value on Friday, August 09, with the stock price down by -0.38% to the previous day’s close as strong demand from buyers drove the stock to $7.95.
Actively observing the price movement in the last trading, the stock closed the session at $7.98. Referring to stock’s 52-week performance, its high was $14.42, and the low was $7.37. On the whole, AMPL has fluctuated by -6.47% over the past month.
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Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMPL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of AMPL currently trading nearly -3.14% and -5.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.53, while the 7-day volatility ratio is showing 5.43% which for the 30-day chart, stands at 4.61%. Furthermore, Amplitude Inc (AMPL)’s beta value is 1.30, and its average true range (ATR) is 0.39.
A comparison of Amplitude Inc (AMPL) with its peers suggests the former has fared considerably weaker in the market. AMPL showed an intraday change of -0.38% in last session, and over the past year, it shrunk by -30.32%%.
Data on historical trading for Amplitude Inc (NASDAQ:AMPL) indicates that the trading volumes over the past 3 months, they’ve averaged 722.36K. According to company’s latest data on outstanding shares, there are 85.63 million shares outstanding.
Nearly 43.03% of Amplitude Inc’s shares belong to company insiders and institutional investors own 39.53% of the company’s shares. The stock has fallen by -37.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMPL stock heading into the next quarter.
