A new trading day began on Tuesday, with Altus Power Inc (NYSE: AMPS) stock price up 0.61% from the previous day of trading, before settling in for the closing price of $4.90. AMPS’s price has ranged from $2.71 to $7.28 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 31.42%. Meanwhile, its annual earnings per share averaged 680.07%. With a float of $106.81 million, this company’s outstanding shares have now reached $159.99 million.
Let’s determine the extent of company efficiency that accounts for 93 employees. In terms of profitability, gross margin is 50.96%, operating margin of 15.41%, and the pretax margin is -8.69%.
Altus Power Inc (AMPS) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Renewable Industry. The insider ownership of Altus Power Inc is 33.24%, while institutional ownership is 50.19%. The most recent insider transaction that took place on Feb 07 ’25, was worth 38,894,420. In this transaction 10% Owner of this company sold 7,987,518 shares at a rate of $4.87, taking the stock ownership to the 9,570,665 shares. Before that another transaction happened on Feb 10 ’25, when Company’s 10% Owner sold 1,646,936 for $4.87, making the entire transaction worth $8,012,344. This insider now owns 7,923,729 shares in total.
Altus Power Inc (AMPS) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 680.07% per share during the next fiscal year.
Altus Power Inc (NYSE: AMPS) Trading Performance Indicators
Here are Altus Power Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Altus Power Inc (AMPS)
Looking closely at Altus Power Inc (NYSE: AMPS), its last 5-days average volume was 4.68 million, which is a jump from its year-to-date volume of 4.01 million. As of the previous 9 days, the stock’s Stochastic %D was 98.22%. Additionally, its Average True Range was 0.20.
During the past 100 days, Altus Power Inc’s (AMPS) raw stochastic average was set at 99.11%, which indicates a significant increase from 98.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.68% in the past 14 days, which was higher than the 95.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.08, while its 200-day Moving Average is $3.81. However, in the short run, Altus Power Inc’s stock first resistance to watch stands at $4.96. Second resistance stands at $4.98. The third major resistance level sits at $5.02. If the price goes on to break the first support level at $4.90, it is likely to go to the next support level at $4.86. Should the price break the second support level, the third support level stands at $4.84.
Altus Power Inc (NYSE: AMPS) Key Stats
With a market capitalization of 788.80 million, the company has a total of 160,796K Shares Outstanding. Currently, annual sales are 155,160 K while annual income is -9,360 K. The company’s previous quarter sales were 58,680 K while its latest quarter income was 17,640 K.
