Currently, there are 160.00M common shares owned by the public and among those 106.46M shares have been available to trade.
The company’s stock has a 5-day price change of 0.60% and 25.69% over the past three months. AMPS shares are trading 22.60% year to date (YTD), with the 12-month market performance up to 18.53% higher. It has a 12-month low price of $2.71 and touched a high of $5.50 over the same period. AMPS has an average intraday trading volume of 3.61 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.59%, 1.99%, and 25.75% respectively.
Institutional ownership of Altus Power Inc (NYSE: AMPS) shares accounts for 55.74% of the company’s 160.00M shares outstanding.
It has a market capitalization of $800.50M and a beta (3y monthly) value of 0.92. The earnings-per-share (ttm) stands at -$0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.32% over the week and 0.47% over the month.
Earnings per share for the fiscal year are expected to decrease by -950.87%, and 33.46% over the next financial year.
Looking at the support for the AMPS, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on February 10, 2025, with the firm’s price target at $5. B. Riley Securities coverage for the Altus Power Inc (AMPS) stock in a research note released on February 07, 2025 offered a Neutral rating with a price target of $5. Morgan Stanley on their part issued Equal-Weight rating on August 21, 2024.
