A look at American Superconductor Corp’s (AMSC) recent performance gives investors their first glimpse of hope.

American Superconductor Corp (NASDAQ: AMSC) on Tuesday, plunged -4.78% from the previous trading day, before settling in for the closing price of $34.49. Within the past 52 weeks, AMSC’s price has moved between $9.37 and $38.02.

Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 21.93%. The company achieved an average annual earnings per share of 2400.00%. With a float of $37.66 million, this company’s outstanding shares have now reached $39.83 million.

Considering the fact that the conglomerate employs 337 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 26.85%, operating margin of -1.09%, and the pretax margin is -3.17%.

American Superconductor Corp (AMSC) Insider Activity

Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of American Superconductor Corp is 4.54%, while institutional ownership is 69.09%. The most recent insider transaction that took place on Nov 04 ’24, was worth 1,414,095. In this transaction SVP, CFO & Treasurer of this company sold 50,000 shares at a rate of $28.28, taking the stock ownership to the 356,136 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 50,000 for $28.28, making the entire transaction worth $1,414,093.

American Superconductor Corp (AMSC) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 2400.00% per share during the next fiscal year.

American Superconductor Corp (NASDAQ: AMSC) Trading Performance Indicators

American Superconductor Corp (AMSC) is currently performing well based on its current performance indicators. A quick ratio of 1.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.36. Likewise, its price to free cash flow for the trailing twelve months is 70.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.53 in one year’s time.

Technical Analysis of American Superconductor Corp (AMSC)

Compared to the last year’s volume of 1.05 million, its volume of 0.95 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.00%. Additionally, its Average True Range was 2.77.

During the past 100 days, American Superconductor Corp’s (AMSC) raw stochastic average was set at 75.33%, which indicates a significant increase from 39.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.52% in the past 14 days, which was lower than the 91.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $27.31, while its 200-day Moving Average is $20.73. Nevertheless, the first resistance level for the watch stands at $34.25 in the near term. At $35.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.73. If the price goes on to break the first support level at $31.77, it is likely to go to the next support level at $30.70. Should the price break the second support level, the third support level stands at $29.29.

American Superconductor Corp (NASDAQ: AMSC) Key Stats

Market capitalization of the company is 1.30 billion based on 39,453K outstanding shares. Right now, sales total 145,640 K and income totals -11,110 K. The company made 54,470 K in profit during its latest quarter, and 4,890 K in sales during its previous quarter.