Amprius Technologies Inc (NYSE:AMPX) price on Thursday, December 26, rose 24.74% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.37.
A look at the stock’s price movement, the close in the last trading session was $1.90, moving within a range at $1.915 and $2.4199. The beta value (5-Year monthly) was 2.431. Turning to its 52-week performance, $6.02 and $0.61 were the 52-week high and 52-week low respectively. Overall, AMPX moved 16.18% over the past month.
Amprius Technologies Inc’s market cap currently stands at around $262.06 million, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 7.14M for the company’s revenue for the quarter, with a low and high estimate of 6.48M and 8.4M respectively. The average forecast suggests up to a 81.07% 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 20.66M, representing a 128.25% 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 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy 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 19.64% and 30.94% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 64.40, while 7-day volatility ratio is 11.95% and 11.50% in the 30-day chart. Further, Amprius Technologies Inc (AMPX) has a beta value of 2.95, and an average true range (ATR) of 0.23.
If we refocus on Amprius Technologies Inc (NYSE:AMPX), historical trading data shows that trading volumes averaged 2.56 over the past 10 days and 2.52 million over the past 3 months. The company’s latest data on shares outstanding shows there are 107.98 million shares.
The 31.14% of Amprius Technologies Inc’s shares are in the hands of company insiders while institutional holders own 7.47% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.46 million on 2024-11-29, giving us a short ratio of 1.28. The data shows that as of 2024-11-29 short interest in Amprius Technologies Inc (AMPX) stood at 1082.0 of shares outstanding, with shares short falling to 4.8 million registered in 2024-10-31. Current price change has pushed the stock -55.20% 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.
