Altus Power Inc (NYSE: AMPS) open the trading on Wednesday, with great promise as it jumped 6.95% to $4.77, before settling in for the price of $4.46 at the close. Taking a more long-term approach, AMPS posted a 52-week range of $4.08-$7.28.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 58.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 38.87%. This publicly-traded company’s shares outstanding now amounts to $159.00 million, simultaneously with a float of $78.01 million. The organization now has a market capitalization sitting at $758.81 million. At the time of writing, stock’s 50-day Moving Average stood at $5.93, while the 200-day Moving Average is $5.80.
Altus Power Inc (AMPS) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Utilities – Renewable industry. Altus Power Inc’s current insider ownership accounts for 50.96%, in contrast to 47.01% institutional ownership. According to the most recent insider trade that took place on Mar 01 ’24, this organization’s CO-FOUNDER CO-CEO CO-PRESIDENT sold 40,000 shares at the rate of 6.86, making the entire transaction reach 274,520 in total value, affecting insider ownership by 21,614,907. Preceding that transaction, on Feb 16 ’24, Company’s COFOUNDER,CHIEF CONST. OFFICER sold 4,598 for 7.15, making the whole transaction’s value amount to 32,876. This particular insider is now the holder of 3,887,663 in total.
Altus Power Inc (AMPS) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted -$0.17 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.01) by -$0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
Altus Power Inc’s EPS increase for this current 12-month fiscal period is 38.87% and is forecasted to reach 0.20 in the upcoming year.
Altus Power Inc (NYSE: AMPS) Trading Performance Indicators
Let’s observe the current performance indicators for Altus Power Inc (AMPS). It’s Quick Ratio in the last reported quarter now stands at 2.15. The Stock has managed to achieve an average true range (ATR) of 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.89.
In the same vein, AMPS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.06, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be 0.20 at the market close of one year from today.
Technical Analysis of Altus Power Inc (AMPS)
[Altus Power Inc, AMPS] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 22.54% While, its Average True Range was 0.38.
Raw Stochastic average of Altus Power Inc (AMPS) in the period of the previous 100 days is set at 17.57%, which indicates a major fall in contrast to 18.18% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 125.61% that was higher than 83.27% volatility it exhibited in the past 100-days period.
