Amprius Technologies Inc (NYSE:AMPX) price on Friday, October 25, fall -5.52% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.37.
A look at the stock’s price movement, the close in the last trading session was $1.45, moving within a range at $1.34 and $1.47. The beta value (5-Year monthly) was 2.712. Turning to its 52-week performance, $6.02 and $0.61 were the 52-week high and 52-week low respectively. Overall, AMPX moved 47.14% over the past month.
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Amprius Technologies Inc’s market cap currently stands at around $152.14 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Aug-08.
Analysts have a consensus estimate of 3.53M for the company’s revenue for the quarter, with a low and high estimate of 2.91M and 4M respectively. The average forecast suggests up to a 26.20% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 14.73M, representing a 62.70% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AMPX is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend AMPX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AMPX’s current price about 6.04% and 24.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.22, while 7-day volatility ratio is 13.02% and 13.53% in the 30-day chart. Further, Amprius Technologies Inc (AMPX) has a beta value of 2.58, and an average true range (ATR) of 0.16.
If we refocus on Amprius Technologies Inc (NYSE:AMPX), historical trading data shows that trading volumes averaged 2.07 over the past 10 days and 1.15 million over the past 3 months. The company’s latest data on shares outstanding shows there are 88.87 million shares.
The 66.89% of Amprius Technologies Inc’s shares are in the hands of company insiders while institutional holders own 6.89% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.78 million on 2024-09-30, giving us a short ratio of 2.47. The data shows that as of 2024-09-30 short interest in Amprius Technologies Inc (AMPX) stood at 746.0 of shares outstanding, with shares short rising to 2.47 million registered in 2024-08-30. Current price change has pushed the stock -74.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AMPX stock continues to rise going into the next quarter.
