A new trading day began on Tuesday, with Amplify Energy Corp (NYSE: AMPY) stock price down -3.78% from the previous day of trading, before settling in for the closing price of $5.02. AMPY’s price has ranged from $3.56 to $8.15 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 10.95%. Meanwhile, its annual earnings per share averaged -90.89%. With a float of $36.10 million, this company’s outstanding shares have now reached $39.79 million.
Considering the fact that the conglomerate employs 214 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 48.08%, operating margin of 23.31%, and the pretax margin is 25.42%.
Amplify Energy Corp (AMPY) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Amplify Energy Corp is 9.62%, while institutional ownership is 52.59%. The most recent insider transaction that took place on Aug 12 ’24, was worth 42,197. In this transaction VICE PRESIDENT & CAO of this company sold 6,000 shares at a rate of $7.03, taking the stock ownership to the 20,797 shares. Before that another transaction happened on Aug 12 ’24, when Company’s Officer proposed sale 6,000 for $7.03, making the entire transaction worth $42,197.
Amplify Energy Corp (AMPY) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -90.89% per share during the next fiscal year.
Amplify Energy Corp (NYSE: AMPY) Trading Performance Indicators
Here are Amplify Energy Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63. Likewise, its price to free cash flow for the trailing twelve months is 45.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.54, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.11 in one year’s time.
Technical Analysis of Amplify Energy Corp (AMPY)
Compared to the last year’s volume of 0.35 million, its volume of 0.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.76%. Additionally, its Average True Range was 0.19.
During the past 100 days, Amplify Energy Corp’s (AMPY) raw stochastic average was set at 2.33%, which indicates a significant decrease from 8.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.34% in the past 14 days, which was lower than the 35.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.69, while its 200-day Moving Average is $6.44. Nevertheless, the first resistance level for the watch stands at $5.00 in the near term. At $5.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.29. If the price goes on to break the first support level at $4.71, it is likely to go to the next support level at $4.60. Should the price break the second support level, the third support level stands at $4.42.
Amplify Energy Corp (NYSE: AMPY) Key Stats
With a market capitalization of 192.92 million, the company has a total of 39,770K Shares Outstanding. Currently, annual sales are 307,600 K while annual income is 392,750 K. The company’s previous quarter sales were 69,860 K while its latest quarter income was 22,650 K.
