A new trading day began on Monday, with Amer Sports Inc (NYSE: AS) stock price up 6.25% from the previous day of trading, before settling in for the closing price of $19.37. AS’s price has ranged from $10.11 to $19.73 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 21.39%. Meanwhile, its annual earnings per share averaged 226.50%. With a float of $68.22 million, this company’s outstanding shares have now reached $505.25 million.
The extent of productivity of a business whose workforce counts for 11400 workers is very important to gauge. In terms of profitability, gross margin is 52.92%, operating margin of 5.92%, and the pretax margin is -2.1%.
Amer Sports Inc (AS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Leisure Industry. The insider ownership of Amer Sports Inc is 86.50%, while institutional ownership is 9.06%.
Amer Sports Inc (AS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 226.50% per share during the next fiscal year.
Amer Sports Inc (NYSE: AS) Trading Performance Indicators
Here are Amer Sports Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24. Likewise, its price to free cash flow for the trailing twelve months is 74.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.69 in one year’s time.
Technical Analysis of Amer Sports Inc (AS)
The latest stats from [Amer Sports Inc, AS] show that its last 5-days average volume of 2.1 million was superior to 1.68 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 94.39%. Additionally, its Average True Range was 0.83.
During the past 100 days, Amer Sports Inc’s (AS) raw stochastic average was set at 99.34%, which indicates a significant increase from 97.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.15% in the past 14 days, which was higher than the 50.15% volatility it showed in the past 100 days.
Now, the first resistance to watch is $21.01. This is followed by the second major resistance level at $21.45. The third major resistance level sits at $22.24. If the price goes on to break the first support level at $19.78, it is likely to go to the next support level at $18.99. The third support level lies at $18.56 if the price breaches the second support level.
Amer Sports Inc (NYSE: AS) Key Stats
With a market capitalization of 10.38 billion, the company has a total of 505,250K Shares Outstanding. Currently, annual sales are 4,368 M while annual income is -208,600 K. The company’s previous quarter sales were 993,800 K while its latest quarter income was -3,700 K.
