Amer Sports Inc. (AS) concluded trading on Wednesday at a closing price of $17.62, with 3.91 million shares of worth about $68.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.96% during that period and on October 23, 2024 the price saw a loss of about -4.50%. Currently the company’s common shares owned by public are about 505.25M shares, out of which, 68.22M shares are available for trading.
Stock saw a price change of -5.37% in past 5 days and over the past one month there was a price change of 15.84%. Over the period of past 52 weeks, stock dropped to lowest price of $10.11 but also hit the highest price of $19.73 during that period. The average intraday trading volume for Amer Sports Inc. shares is 1.71 million. The stock is currently trading -1.31% below its 20-day simple moving average (SMA20), while that difference is up 13.70% for SMA50 and it goes to 21.21% higher than SMA200.
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Amer Sports Inc. (NYSE: AS) currently have 505.25M outstanding shares and institutions hold larger chunk of about 8.80% of that.
The stock has a current market capitalization of $8.90B. It has posted earnings per share of -$0.26 in the same period. It has Quick Ratio of 0.81 while making debt-to-equity ratio of 0.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AS, volatility over the week remained 3.58% while standing at 4.42% over the month.
Stock’s fiscal year EPS is expected to rise by 226.20% while it is estimated to increase by 55.69% 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 Wells Fargo on October 14, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $17 and $19 to it. On February 26, 2024, Wells Fargo Initiated their recommendations, while on February 26, 2024, UBS Initiated their ratings for the stock with a price target of $23. Stock get an Outperform rating from TD Cowen on February 26, 2024.
