Ameresco Inc. (AMRC) volume exceeds 0.65 million: A new investment opportunity for investors

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Ameresco Inc. (NYSE: AMRC) kicked off on Friday, down -7.60% from the previous trading day, before settling in for the closing price of $22.64. Over the past 52 weeks, AMRC has traded in a range of $17.55-$63.19.

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During the last 5-year period, the sales growth of Industrials Sector giant was 14.48%. While this was happening, its average annual earnings per share was recorded 8.16%. With a float of $31.84 million, this company’s outstanding shares have now reached $34.28 million.

Let’s determine the extent of company efficiency that accounts for 1503 employees.

Ameresco Inc. (AMRC) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Engineering & Construction Industry. The insider ownership of Ameresco Inc. is 39.10%, while institutional ownership is 62.16%. The most recent insider transaction that took place on Mar 19 ’24, was worth 2,217. In this transaction Executive Vice President of this company sold 108 shares at a rate of $20.53, taking the stock ownership to the 11,370 shares. Before that another transaction happened on Mar 19 ’24, when Company’s Executive Vice President sold 108 for $20.53, making the entire transaction worth $2,217. This insider now owns 10,748 shares in total.

Ameresco Inc. (AMRC) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.96 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.20% during the next five years compared to 7.63% growth over the previous five years of trading.

Ameresco Inc. (NYSE: AMRC) Trading Performance Indicators

Take a look at Ameresco Inc.’s (AMRC) current performance indicators. Last quarter, stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.17, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach 1.98 in one year’s time.

Technical Analysis of Ameresco Inc. (AMRC)

Looking closely at Ameresco Inc. (NYSE: AMRC), its last 5-days average volume was 0.48 million, which is a drop from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 26.76%. Additionally, its Average True Range was 1.54.

During the past 100 days, Ameresco Inc.’s (AMRC) raw stochastic average was set at 17.06%, which indicates a significant decrease from 25.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.94% in the past 14 days, which was lower than the 77.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.54, while its 200-day Moving Average is $33.44. However, in the short run, Ameresco Inc.’s stock first resistance to watch stands at $22.18. Second resistance stands at $23.45. The third major resistance level sits at $24.12. If the price goes on to break the first support level at $20.24, it is likely to go to the next support level at $19.57. Now, if the price goes above the second support level, the third support stands at $18.30.

Ameresco Inc. (NYSE: AMRC) Key Stats

The company with the Market Capitalisation of 1.09 billion has total of 52,283K Shares Outstanding. Its annual sales at the moment are 1,375 M in contrast with the sum of 62,470 K annual income. Company’s last quarter sales were recorded 441,370 K and last quarter income was 33,740 K.