Altus Power Inc (AMPS) is destined for greater heights as its last quarter sales were 58,680 K

On Tuesday, Altus Power Inc (NYSE: AMPS) opened higher 0.61% from the last session, before settling in for the closing price of $4.89. Price fluctuations for AMPS have ranged from $2.71 to $7.01 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 31.42%. Company’s average yearly earnings per share was noted 680.07% at the time writing. With a float of $106.85 million, this company’s outstanding shares have now reached $159.99 million.

The extent of productivity of a business whose workforce counts for 93 workers is very important to gauge. 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 Updates

A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Altus Power Inc is 33.22%, while institutional ownership is 50.19%. The most recent insider transaction that took place on Feb 20 ’25, was worth 44,985. In this transaction CHIEF FINANCIAL OFFICER of this company sold 9,162 shares at a rate of $4.91, taking the stock ownership to the 2,002,611 shares. Before that another transaction happened on Feb 20 ’25, when Company’s COFOUNDER,CHIEF CONST. OFFICER sold 8,823 for $4.91, making the entire transaction worth $43,321. This insider now owns 4,088,231 shares in total.

Altus Power Inc (AMPS) Performance Highlights and Predictions

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

Check out the current performance indicators for Altus Power Inc (AMPS). In the past quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.23.

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)

The latest stats from [Altus Power Inc, AMPS] show that its last 5-days average volume of 2.71 million was inferior to 3.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.15%. Additionally, its Average True Range was 0.15.

During the past 100 days, Altus Power Inc’s (AMPS) raw stochastic average was set at 98.66%, which indicates a significant increase from 97.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.56% in the past 14 days, which was higher than the 93.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.18, while its 200-day Moving Average is $3.83. Now, the first resistance to watch is $4.94. This is followed by the second major resistance level at $4.96. The third major resistance level sits at $4.99. If the price goes on to break the first support level at $4.89, it is likely to go to the next support level at $4.87. Assuming the price breaks the second support level, the third support level stands at $4.85.

Altus Power Inc (NYSE: AMPS) Key Stats

There are currently 160,796K shares outstanding in the company with a market cap of 787.20 million. Presently, the company’s annual sales total 155,160 K according to its annual income of -9,360 K. Last quarter, the company’s sales amounted to 58,680 K and its income totaled 17,640 K.