American Superconductor Corp (NASDAQ: AMSC) on Tuesday, plunged -3.80% from the previous trading day, before settling in for the closing price of $26.32. Within the past 52 weeks, AMSC’s price has moved between $10.19 and $38.02.
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A company in the Industrials sector has jumped its sales by 21.93% annually for the last half of the decade. The company achieved an average annual earnings per share of 2400.00%. With a float of $37.72 million, this company’s outstanding shares have now reached $39.83 million.
In an organization with 337 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 27.39%, operating margin of -4.38%, and the pretax margin is -3.17%.
American Superconductor Corp (AMSC) Insider Updates
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of American Superconductor Corp is 4.41%, while institutional ownership is 67.94%. 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) Performance Highlights and Predictions
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 5.67. Likewise, its price to free cash flow for the trailing twelve months is 54.74.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.85 million. That was inferior than the volume of 0.93 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.23%. Additionally, its Average True Range was 1.97.
During the past 100 days, American Superconductor Corp’s (AMSC) raw stochastic average was set at 28.17%, which indicates a significant increase from 11.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.65% in the past 14 days, which was lower than the 86.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.39, while its 200-day Moving Average is $23.59. However, in the short run, American Superconductor Corp’s stock first resistance to watch stands at $26.30. Second resistance stands at $27.27. The third major resistance level sits at $27.91. If the price goes on to break the first support level at $24.69, it is likely to go to the next support level at $24.05. Assuming the price breaks the second support level, the third support level stands at $23.08.
American Superconductor Corp (NASDAQ: AMSC) Key Stats
Market capitalization of the company is 998.96 million 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.
