On Monday, American Superconductor Corp. (NASDAQ: AMSC) opened higher 5.63% from the last session, before settling in for the closing price of $22.93. Price fluctuations for AMSC have ranged from $6.05 to $32.70 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 21.93% over the past five years. Company’s average yearly earnings per share was noted 1383.34% at the time writing. 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. In terms of profitability, gross margin is 25.87%, operating margin of -2.27%, and the pretax margin is -5.05%.
American Superconductor Corp. (AMSC) Insider Updates
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of American Superconductor Corp. is 4.67%, while institutional ownership is 68.04%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.09) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1383.34% per share during the next fiscal year.
American Superconductor Corp. (NASDAQ: AMSC) Trading Performance Indicators
Check out the current performance indicators for American Superconductor Corp. (AMSC). In the past quarter, the stock posted a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.96. Likewise, its price to free cash flow for the trailing twelve months is 136.22.
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 0.72 million, a negative change from its year-to-date volume of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 25.36%. Additionally, its Average True Range was 1.74.
During the past 100 days, American Superconductor Corp.’s (AMSC) raw stochastic average was set at 45.92%, which indicates a significant decrease from 51.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.01% in the past 14 days, which was higher than the 82.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.06, while its 200-day Moving Average is $18.27. Nevertheless, the first resistance level for the watch stands at $24.84 in the near term. At $25.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.23. If the price goes on to break the first support level at $23.45, it is likely to go to the next support level at $22.68. Assuming the price breaks the second support level, the third support level stands at $22.06.
American Superconductor Corp. (NASDAQ: AMSC) Key Stats
There are currently 36,998K shares outstanding in the company with a market cap of 927.63 million. Presently, the company’s annual sales total 145,640 K according to its annual income of -11,110 K. Last quarter, the company’s sales amounted to 40,290 K and its income totaled -2,520 K.
