Amprius Technologies Inc Still Hasn’t Convinced Analysts?

Amprius Technologies Inc (NYSE:AMPX) price closed on Tuesday, February 04, and remained unchanged from its previous close.

A look at the daily price movement shows that the last close reads $3.20, with intraday deals fluctuated between $3.155 and $3.295. The company’s 5Y monthly beta was ticking 2.431. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.70 and 52-week low of $0.61. The stock added 11.89% on its value in the past month.

Amprius Technologies Inc, which has a market valuation of $353.84 million, is expected to release its quarterly earnings report in March.

On average, analysts have forecast the company’s revenue for the quarter will hit 7.12M, with the likely lows of 6.48M and highs of 8.4M. The average estimate suggests sales growth for the quarter will likely rise by 80.47% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 20.64M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 128.02% above that which the company brought in the current year earning report.

Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give AMPX a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 2 analysts have assigned AMPX a recommendation rating as follows: 0 rate it as a Hold; 2 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Amprius Technologies Inc (AMPX) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.

The overview shows that AMPX’s price is at present -4.78% off the SMA20 and 22.16% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.69, with weekly volatility standing at 8.51%. The indicator jumps to 16.23% when calculated based on the past 30 days. Amprius Technologies Inc (NYSE:AMPX)’s beta value is holding at 2.44, while the average true range (ATR) indicator is currently reading 0.43.

An analysis of the Amprius Technologies Inc (NYSE:AMPX) stock in terms of its daily trading volume indicates that the 3-month average is 3.84 million. However, this figure increases on the past 10-day timeline to an average of 3.68 million.

Current records show that the company has 111.34M in outstanding shares. The insiders’ percentage holdings are 29.85% of outstanding shares while the percentage share held by institutions stands at 7.49%. The stats also highlight that short interest as of 2025-01-15, stood at 2.79 million shares, which puts the short ratio at the time at 0.55. From this we can glean that short interest is 760.00 of company’s current outstanding shares. Notably, we see that shares short in January fall slightly given the previous month’s figure stood at 3.66 million. But the 14.29% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

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