The key reasons why Ameriprise Financial Inc (AMP) is -3.94% away from 52-week high?

As on Thursday, Ameriprise Financial Inc (NYSE: AMP) started slowly as it slid -3.12% to $504.21, before settling in for the price of $520.47 at the close. Taking a more long-term approach, AMP posted a 52-week range of $306.63-$524.89.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 4.72%. Meanwhile, its Annual Earning per share during the time was 10.79%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.77%. This publicly-traded company’s shares outstanding now amounts to $100.17 million, simultaneously with a float of $98.01 million. The organization now has a market capitalization sitting at $49.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $465.29, while the 200-day Moving Average is $429.19.

Ameriprise Financial Inc (AMP) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Asset Management industry. Ameriprise Financial Inc’s current insider ownership accounts for 0.18%, in contrast to 86.74% institutional ownership. According to the most recent insider trade that took place on Aug 30 ’24, this organization’s EXECUTIVE VP, GLOBAL CIO sold 8,700 shares at the rate of 442.07, making the entire transaction reach 3,846,009 in total value, affecting insider ownership by 13,199.

Ameriprise Financial Inc (AMP) Earnings and Revenue Records

Ameriprise Financial Inc’s EPS increase for this current 12-month fiscal period is 17.77% and is forecasted to reach 38.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.52% through the next 5 years, which can be compared against the 10.79% growth it accomplished over the previous five years trading on the market.

Ameriprise Financial Inc (NYSE: AMP) Trading Performance Indicators

Let’s observe the current performance indicators for Ameriprise Financial Inc (AMP). The Stock has managed to achieve an average true range (ATR) of 9.28. Alongside those numbers, its PE Ratio stands at $19.36, and its Beta score is 1.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.83. Similarly, its price to free cash flow for trailing twelve months is now 7.03.

In the same vein, AMP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 26.05, a figure that is expected to reach 9.17 in the next quarter, and analysts are predicting that it will be 38.42 at the market close of one year from today.

Technical Analysis of Ameriprise Financial Inc (AMP)

Through scrutinizing the latest numbers posted by the [Ameriprise Financial Inc, AMP], it can be observed that its last 5-days Average volume of 0.46 million was lower the volume of 0.47 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 72.04% While, its Average True Range was 10.02.

Raw Stochastic average of Ameriprise Financial Inc (AMP) in the period of the previous 100 days is set at 85.14%, which indicates a major rise in contrast to 54.11% 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 21.10% that was lower than 21.55% volatility it exhibited in the past 100-days period.