Altus Power Inc (AMPS) concluded trading on Wednesday at a closing price of $3.76, with 3.68 million shares of worth about $13.84 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.34% during that period and on October 16, 2024 the price saw a gain of about 24.50%. Currently the company’s common shares owned by public are about 159.00M shares, out of which, 91.55M shares are available for trading.
Stock saw a price change of 24.09% in past 5 days and over the past one month there was a price change of 10.26%. Year-to-date (YTD), AMPS shares are showing a performance of -44.95% which decreased to -29.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.71 but also hit the highest price of $7.28 during that period. The average intraday trading volume for Altus Power Inc shares is 961.11K. The stock is currently trading 18.22% above its 20-day simple moving average (SMA20), while that difference is up 19.23% for SMA50 and it goes to -15.52% lower than SMA200.
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Altus Power Inc (NYSE: AMPS) currently have 159.00M outstanding shares and institutions hold larger chunk of about 48.50% of that.
The stock has a current market capitalization of $601.56M and its 3Y-monthly beta is at 0.97. PE ratio of stock for trailing 12 months is 27.27, while it has posted earnings per share of $0.14 in the same period. It has Quick Ratio of 0.91 while making debt-to-equity ratio of 2.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMPS, volatility over the week remained 8.90% while standing at 6.28% over the month.
Stock’s fiscal year EPS is expected to rise by 583.33% while it is estimated to decrease by -97.17% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on August 21, 2024 offering an Equal-weight rating for the stock and assigned a target price range of between $8 and $4 to it. Coverage by Seaport Research Partners stated Altus Power Inc (AMPS) stock as a Buy in their note to investors on June 03, 2024, suggesting a price target of $6.50 for the stock. On May 15, 2024, JP Morgan Downgrade their recommendations, while on April 10, 2024, Maxim Group Initiated their ratings for the stock with a price target of $7. Stock get an Outperform rating from Northland Capital on November 30, 2023.
