American Superconductor Corp. (AMSC) recent activity suggests a positive outlook with the last week’s performance of 4.26%

American Superconductor Corp. (NASDAQ: AMSC) kicked off on Friday, up 11.39% from the previous trading day, before settling in for the closing price of $21.51. Over the past 52 weeks, AMSC has traded in a range of $5.78-$32.70.

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Annual sales at Industrials sector company grew by 21.93% over the past five years. While this was happening, its average annual earnings per share was recorded 1350.00%. With a float of $36.51 million, this company’s outstanding shares have now reached $36.95 million.

Let’s look at the performance matrix of the company that is accounted for 337 employees.

American Superconductor Corp. (AMSC) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of American Superconductor Corp. is 4.20%, while institutional ownership is 69.58%. The most recent insider transaction that took place on Jun 11 ’24, was worth 806,046. In this transaction Chairman, President and CEO of this company sold 37,165 shares at a rate of $21.69, taking the stock ownership to the 1,019,956 shares. Before that another transaction happened on Jun 11 ’24, when Company’s SVP, CFO & Treasurer sold 32,000 for $21.68, making the entire transaction worth $693,750. This insider now owns 316,136 shares in total.

American Superconductor Corp. (AMSC) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 1350.00% per share during the next fiscal year.

American Superconductor Corp. (NASDAQ: AMSC) Trading Performance Indicators

Take a look at American Superconductor Corp.’s (AMSC) current performance indicators. Last quarter, stock had a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.89. Likewise, its price to free cash flow for the trailing twelve months is 134.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.49 in one year’s time.

Technical Analysis of American Superconductor Corp. (AMSC)

American Superconductor Corp. (NASDAQ: AMSC) saw its 5-day average volume 0.95 million, a negative change from its year-to-date volume of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 42.53%. Additionally, its Average True Range was 1.78.

During the past 100 days, American Superconductor Corp.’s (AMSC) raw stochastic average was set at 53.90%, which indicates a significant decrease from 72.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.63% in the past 14 days, which was higher than the 81.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.39, while its 200-day Moving Average is $17.25. Nevertheless, the first resistance level for the watch stands at $24.77 in the near term. At $25.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.89. If the price goes on to break the first support level at $22.65, it is likely to go to the next support level at $21.35. The third support level lies at $20.53 if the price breaches the second support level.

American Superconductor Corp. (NASDAQ: AMSC) Key Stats

The company with the Market Capitalisation of 917.67 million has total of 36,998K Shares Outstanding. Its annual sales at the moment are 145,640 K in contrast with the sum of -11,110 K annual income. Company’s last quarter sales were recorded 40,290 K and last quarter income was -2,520 K.