Currently, there are 39.80M common shares owned by the public and among those 36.12M shares have been available to trade.
The company’s stock has a 5-day price change of 22.59% and -45.34% over the past three months. AMPY shares are trading -51.17% year to date (YTD), with the 12-month market performance down to -60.03% lower. It has a 12-month low price of $2.27 and touched a high of $8.15 over the same period. AMPY has an average intraday trading volume of 583.59K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.11%, -21.18%, and -49.72% respectively.
Institutional ownership of Amplify Energy Corp (NYSE: AMPY) shares accounts for 52.18% of the company’s 39.80M shares outstanding.
It has a market capitalization of $118.19M and a beta (3y monthly) value of 0.38. The stock’s trailing 12-month PE ratio is 9.86, while the earnings-per-share (ttm) stands at $0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.99% over the week and 9.61% over the month.
Earnings per share for the fiscal year are expected to increase by 26.04%, and -8.49% over the next financial year.
Looking at the support for the AMPY, a number of firms have released research notes about the stock. The Benchmark Company stated their Buy rating for the stock in a research note on May 02, 2024, with the firm’s price target at $11. Alliance Global Partners coverage for the Amplify Energy Corp (AMPY) stock in a research note released on January 22, 2024 offered a Buy rating with a price target of $9. ROTH Capital on their part issued Buy rating on November 22, 2019.
