On Monday, Altus Power Inc (NYSE: AMPS) opened higher 10.23% from the last session, before settling in for the closing price of $3.42. Price fluctuations for AMPS have ranged from $2.71 to $7.28 over the past 52 weeks.
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Utilities Sector giant saw their annual sales surged by 31.42% over the last five years. Company’s average yearly earnings per share was noted 562.54% at the time writing. With a float of $91.55 million, this company’s outstanding shares have now reached $159.00 million.
The firm has a total of 93 workers. Let’s measure their productivity. In terms of profitability, gross margin is 49.45%, operating margin of 14.05%, and the pretax margin is -8.6%.
Altus Power Inc (AMPS) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Altus Power Inc is 42.77%, while institutional ownership is 49.55%. The most recent insider transaction that took place on Jun 07 ’24, was worth 136,215. In this transaction CO-FOUNDER, CEO & PRESIDENT of this company bought 34,139 shares at a rate of $3.99, taking the stock ownership to the 12,044,603 shares. Before that another transaction happened on Jun 04 ’24, when Company’s CO-FOUNDER, CEO & PRESIDENT bought 25,000 for $3.99, making the entire transaction worth $99,750. This insider now owns 12,010,464 shares in total.
Altus Power Inc (AMPS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 562.54% per share during the next fiscal year.
Altus Power Inc (NYSE: AMPS) Trading Performance Indicators
Check out the current performance indicators for Altus Power Inc (AMPS). In the past quarter, the stock posted a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Altus Power Inc (AMPS)
Analysing the last 5-days average volume posted by the [Altus Power Inc, AMPS], we can find that recorded value of 0.92 million was lower than the volume posted last year of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 65.68%. Additionally, its Average True Range was 0.22.
During the past 100 days, Altus Power Inc’s (AMPS) raw stochastic average was set at 56.08%, which indicates a significant decrease from 95.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 119.54% in the past 14 days, which was higher than the 76.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.22, while its 200-day Moving Average is $4.34. Now, the first resistance to watch is $3.92. This is followed by the second major resistance level at $4.06. The third major resistance level sits at $4.30. If the price goes on to break the first support level at $3.53, it is likely to go to the next support level at $3.29. Now, if the price goes above the second support level, the third support stands at $3.15.
Altus Power Inc (NYSE: AMPS) Key Stats
There are currently 160,672K shares outstanding in the company with a market cap of 603.16 million. Presently, the company’s annual sales total 155,160 K according to its annual income of -9,360 K. Last quarter, the company’s sales amounted to 52,460 K and its income totaled 37,650 K.
