As on Thursday, Altus Power Inc (NYSE: AMPS) got off with the flyer as it spiked 7.26% to $3.40, before settling in for the price of $3.17 at the close. Taking a more long-term approach, AMPS posted a 52-week range of $2.71-$7.28.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 31.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 500.04%. This publicly-traded company’s shares outstanding now amounts to $159.00 million, simultaneously with a float of $91.55 million. The organization now has a market capitalization sitting at $543.97 million. At the time of writing, stock’s 50-day Moving Average stood at $3.29, while the 200-day Moving Average is $4.25.
Altus Power Inc (AMPS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Renewable industry. Altus Power Inc’s current insider ownership accounts for 42.77%, in contrast to 49.43% institutional ownership. According to the most recent insider trade that took place on Jun 07 ’24, this organization’s CO-FOUNDER, CEO & PRESIDENT bought 34,139 shares at the rate of 3.99, making the entire transaction reach 136,215 in total value, affecting insider ownership by 12,044,603. Preceding that transaction, on Jun 04 ’24, Company’s CO-FOUNDER, CEO & PRESIDENT bought 25,000 for 3.99, making the whole transaction’s value amount to 99,750. This particular insider is now the holder of 12,010,464 in total.
Altus Power Inc (AMPS) Earnings and Revenue Records
Altus Power Inc’s EPS increase for this current 12-month fiscal period is 500.04% and is forecasted to reach -0.02 in the upcoming year.
Altus Power Inc (NYSE: AMPS) Trading Performance Indicators
Let’s observe the current performance indicators for Altus Power Inc (AMPS). It’s Quick Ratio in the last reported quarter now stands at 0.91. The Stock has managed to achieve an average true range (ATR) of 0.25. Alongside those numbers, its PE Ratio stands at $24.66, and its Beta score is 0.91. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.16.
In the same vein, AMPS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.14, a figure that is expected to reach 0.03 in the next quarter, and analysts are predicting that it will be -0.02 at the market close of one year from today.
Technical Analysis of Altus Power Inc (AMPS)
Through scrutinizing the latest numbers posted by the [Altus Power Inc, AMPS], it can be observed that its last 5-days Average volume of 1.29 million was better the volume of 1.07 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 47.75% While, its Average True Range was 0.27.
Raw Stochastic average of Altus Power Inc (AMPS) in the period of the previous 100 days is set at 36.51%, which indicates a major fall in contrast to 51.43% 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 90.37% that was higher than 80.59% volatility it exhibited in the past 100-days period.
