On Monday, Amplify Energy Corp. (NYSE: AMPY) opened lower -6.00% from the last session, before settling in for the closing price of $6.67. Price fluctuations for AMPY have ranged from $3.56 to $8.21 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 15.63% over the last five years. Company’s average yearly earnings per share was noted -91.07% at the time writing. With a float of $35.97 million, this company’s outstanding shares have now reached $39.15 million.
The firm has a total of 214 workers. Let’s measure their productivity.
Amplify Energy Corp. (AMPY) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Amplify Energy Corp. is 9.20%, while institutional ownership is 46.04%. The most recent insider transaction that took place on Dec 21 ’23, was worth 11,861. In this transaction VICE PRESIDENT & CAO of this company sold 2,000 shares at a rate of $5.93, taking the stock ownership to the 11,723 shares. Before that another transaction happened on Nov 08 ’23, when Company’s SVP, CHIEF FINANCIAL OFFICER bought 10,000 for $6.05, making the entire transaction worth $60,499. This insider now owns 10,000 shares in total.
Amplify Energy Corp. (AMPY) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.24 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.07) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -91.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 38.20% growth over the previous five years of trading.
Amplify Energy Corp. (NYSE: AMPY) Trading Performance Indicators
Check out the current performance indicators for Amplify Energy Corp. (AMPY). In the past quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.82. Likewise, its price to free cash flow for the trailing twelve months is 16.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.73, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.40 in one year’s time.
Technical Analysis of Amplify Energy Corp. (AMPY)
Analysing the last 5-days average volume posted by the [Amplify Energy Corp., AMPY], we can find that recorded value of 0.54 million was lower than the volume posted last year of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 8.47%. Additionally, its Average True Range was 0.34.
During the past 100 days, Amplify Energy Corp.’s (AMPY) raw stochastic average was set at 23.11%, which indicates a significant increase from 11.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.64% in the past 14 days, which was higher than the 45.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.67, while its 200-day Moving Average is $6.44. Now, the first resistance to watch is $6.47. This is followed by the second major resistance level at $6.68. The third major resistance level sits at $6.90. If the price goes on to break the first support level at $6.04, it is likely to go to the next support level at $5.82. Should the price break the second support level, the third support level stands at $5.61.
Amplify Energy Corp. (NYSE: AMPY) Key Stats
There are currently 39,612K shares outstanding in the company with a market cap of 248.35 million. Presently, the company’s annual sales total 307,600 K according to its annual income of 392,750 K. Last quarter, the company’s sales amounted to 76,300 K and its income totaled -9,400 K.
